G20 Opens Under Assault From Trump On Collective Action
Mohammad Ali (@ChaudhryMAli88) Published November 30, 2018 | 12:42 PM
G20 powers open two days of summit talks in crisis-hit Argentina on Friday after a stormy buildup dominated by US President Donald Trump's consensus-bucking crusade to realign world trade.
Buenos Aires, (APP - UrduPoint / Pakistan Point News - 30th Nov, 2018 ) :G20 powers open two days of summit talks in crisis-hit Argentina on Friday after a stormy buildup dominated by US President Donald Trump's consensus-bucking crusade to realign world trade.
Shortly before the summit kicks off, Trump's "America First" charge will bear fruit with the signing in Buenos Aires of a successor to the North American free trade pact NAFTA.
The revamped accord, called the US-Mexico-Canada Agreement (USMCA), looks a lot like the one it replaces. But enough has been tweaked for Trump to declare victory on behalf of the US workers he claims were cheated by NAFTA.
Yet, underlining that the new deal may not be quite the game-changer he professes, the signing will be executed by senior trade negotiators from the three countries rather than their leaders attending the G20.
After imposing punishing tariffs on Chinese goods and threatening more to come in January, Trump also has China in his sights as he prepares to meet President Xi Jinping on the G20 margins.
Following the USMCA signing, and once Argentina's President Mauricio Macri has opened the first of the summit's two days, a mass protest is planned for central Buenos Aires Friday afternoon.
Argentines are grappling with soaring inflation and unemployment caused by an economic crisis, which has led to a deeply unpopular bailout from the International Monetary Fund.
"There's a lot of people who don't have houses and don't have work. They are not focusing on the people who have needs," barber Ariel Villegas, 47, said at one protest Thursday outside the Argentine Congress building.
The government is vowing zero tolerance of violence as it hosts its biggest ever international gathering, and says it has won promises from the protest organizers to keep the streets calm.
Related Topics
Recent Stories
Sindh home minister chairs law and order meeting
Bakht Kakar orders to ensure maximum facilities in livestock sector
NEPRA concludes hearing into FCA of DISCOs for March
Junta-led Burkina Faso suspends BBC, Voice of America for two weeks
Chairman COPHC lauds MoMA’s efforts at Gwadar Port, Free Zone
CM’s aide directs steps to prevent domestic violence against women
LESCO detects 74,621 power pilferers in 220 days
Regional Police officer (RPO) Shariq Kamal Siddiqui holds open court
LESCO collects over Rs 4.36m from 189 defaulters in 24 hours
Secretary health urges public to follow precautionary measures to avoid spreadin ..
PM directs formation of committee for consultation with provinces on carbon cred ..
UAF to ink MoU with Ethiopian universities
More Stories From World
-
Junta-led Burkina Faso suspends BBC, Voice of America for two weeks
19 minutes ago -
Romania court opens way for start of influencer Tate's trial
41 minutes ago -
Kenya flood death toll since March climbs to 70
41 minutes ago -
At least 10 people killed in Brazil fire: officials
40 minutes ago -
Russia targets Ukraine railways as Western aid due to arrive
1 hour ago -
Miner Anglo American rejects BHP's near $39-billion takeover bid
1 hour ago
-
At least 10 people killed in Brazil fire: officials
1 hour ago -
Junta-led Burkina Faso suspends BBC, Voice of America for two weeks
1 hour ago -
Saudi to host top Arab, EU diplomats for Gaza talks: officials
1 hour ago -
Kenya flood death toll since March climbs to 70: govt
1 hour ago -
US Fed's favored inflation measure accelerates in March
3 hours ago -
Kenya flood death toll since March climbs to 70: govt
3 hours ago