G-20 Communique Delivers Rare Show of Unity Amid Trump Trade War

The opening session of the G20 Finance Ministers and Central Bank Governors meeting in Ballito, South Africa, on July 17.Photographer: Per-Anders Pettersson/Getty Images

The Group of 20 finance ministers and central bank chiefs committed to international policy cooperation in a communique adopted on Friday, finding rare consensus amid escalating tensions over the US trade war.

“The global economy is facing heightened uncertainty and complex challenges, including ongoing wars and conflicts, geopolitical and trade tension,” the communique said. “We emphasize the importance of strengthening multilateral cooperation to address existing and emerging risks to the global economy.”