G-20 finance chiefs wary of trade friction, short on solutions

Finance leaders from the Group of 20 major economies agreed that trade disputes pose a threat to global growth but did not produce concrete steps to tackle the issue at their two-day meeting that concluded on Friday.The gathering in Washington was held amid mounting fears that recent friction between the United States and China could escalate into a full-blown trade war. Japan, which risks being caught between its two biggest trading partners, stressed that such a scenario would produce "no winners," a government official said.The global economy has improved on the back of robust trade, wit…READ FULL ARTICLE