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G20 Trade Talks in U.S. Under Tariff Concerns
The article discusses the gathering of trade ministers from G20 countries in Milwaukee, which is being hosted by the United States amid Washington's imposition of tariffs on its partners and protective measures aimed at reducing the industrial surplus. Expectations suggest that the summit's outcomes will be limited due to escalating trade tensions, as the United States continues to impose taxes on its imports and promote bilateral negotiations. This has led to the collapse of trade talks with Canada and the imposition of tariffs of up to 50% on certain products. The situation also raises fears of an escalation in trade conflicts involving China and the European Union, with hints of possible additional tariffs based on excess industrial capacity, amid domestic criticism over the negative impact on American jobs and industry.
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