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US tariff on metals: G-20 sees global tension as risk to growth

Trump's decision will likely dominate the G-20's two days of discussions as foreign governments lobby for exemptions and threaten retaliation

Donald Trump (Photo: AP/PTI)
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Donald Trump (Photo: AP/PTI)

Raymond Colitt | Bloomberg
Global finance chiefs are set to warn that the broadest and strongest economic expansion since the turn of the decade would be thrown into jeopardy if governments turn inward.
 
In the draft of a statement that finance ministers and central bankers will discuss during talks in Buenos Aires beginning Monday, the Group of 20 repeated a pledge to refrain from unfair trade practices.
 
How loyal they are to that commitment is up for question as US President Donald Trump risks sparking a global trade war by imposing tariffs on imported steel and aluminum. The draft made no mention