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Donald Trump victory threatens to throw G20 initiatives into disarray

17 November 2024
in Business
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Donald Trump victory threatens to throw G20 initiatives into disarray
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Donald Trump’s election as US president is disrupting international initiatives on climate change and taxation, with Argentina’s President Javier Milei threatening to block a G20 communique over objections related to taxation of the super-rich and gender equality. Diplomats at the summit in Brazil are struggling to reach a consensus on climate finance and geopolitical issues, as Milei’s alignment with Trump raises concerns about a potential exodus from agreements on global warming. The Argentine government’s opposition to the draft communique follows Milei’s meeting with Trump and reflects a shift in global cooperation dynamics, as leaders grapple with the implications of Trump’s presidency on international relations and agreements.

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Tags: disarrayDonaldG20InitiativesThreatensThrowTrumpvictory
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