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G20 Summit Begins: Trade in Focus

Arslan Butt•Friday, June 28, 2019•1 min read

The G20 summit is underway, and like we expected, trade remains a top focus area. Donald Trump has emphasized that trade is one of the most important priorities at the G20 2019 Summit, while Xi Jinping expressed caution about rising protectionism among global developed economies.

Trump is all set to meet Japanese Prime Minister Shinzo Abe and Indian Prime Minister Narendra Modi and talk trade, days after voicing his criticism on the US-Japan security treaty and India’s most recent announcement of retaliatory tariffs.

Meanwhile, India as well as Russia have also spoken about trade so far, defending multilateral trade practices. Trump is also set to bring up Huawei in his discussions with India. Markets are expecting Trump to pressure India and Japan also to enforce a ban on doing business with Huawei.

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ABOUT THE AUTHOR See More

Arslan Butt

Index & Commodity Analyst

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.