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G20 finance ministers reach consensus on key economic issues | Business and Economy News

18 July 2025
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G20 finance ministers reach consensus on key economic issues | Business and Economy News
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The US is set to shift its approach towards the G20 when it takes over the group’s rotating presidency from South Africa in December.

The G20 finance ministers reached a consensus on key global economic challenges, affirming central bank independence amid US President Trump’s criticisms. As the US prepares to assume the G20 presidency, it plans to focus primarily on the leaders’ summit, potentially sidelining other ministerial meetings.

Explain It To Me Like I’m 5: The United States is planning to change how it works with other countries in the G20 group starting in December, focusing mainly on big meetings instead of smaller ones.

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Tags: AfricaBusinessBusiness and EconomyConsensusDonald TrumpEconomicEconomyfinanceG20issueskeyministersNewsPoliticsReachsouth africaUnited StatesUS & Canada
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