It’s Donald Trump’s world, and with the possible exception of Xi Jinping, the rest of us are merely living in it.
That’s the only conclusion to draw from the coverage of the Osaka Group of Twenty (G20) Summit, at which the US president reduced an assembly of the world’s most important leaders to a sideshow for his meeting with China’s leader over their trade dispute. Little attention was paid to the actual G20 agenda before, during or after. Trump and Xi negotiated a “truce” that avoids any escalation of the trade war, for now, and China agreed to buy “large amounts” of US farm products, according to Trump. Stock markets rallied, even though tariffs on goods worth hundreds of millions of dollars will remain in place indefinitely.
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