LEADERS MEET AT G20, BIZSMART
U.S. a holdout on climate, immigration
BUENOS AIRES, Argentina — Leaders of the world’s top economies agreed yesterday to repair the global trading system as they closed a Group of 20 summit that saw the Trump administration at odds with many allies over the Paris accord on climate change and issues like migration. The joint statement signed by all 20 member nations said 19 of them reaffirmed their commitment to the Paris climate accord, with the United States, which withdrew from the pact under President Trump, the lone holdout. The official communique acknowledged flaws in global commerce and called for reforming the World Trade Organization, but it didn’t mention the word “protectionism” after negotiators said that had met resistance from the United States. Applause broke out in the convention center hall as the leaders, including Trump, signed off on the statement at the end of the two-day summit in the Argentine capital, the first time it has been held in South America. The non-binding agreement was reached after marathon talks by diplomats stretched overnight and into daylight, amid deep divisions between member nations. European Union officials said the United States was the main holdout on nearly every issue. Trump has criticized the WTO and taken aggressive trade policies targeting China and the EU. But China also pushed back in talks on steel, South Africa objected to language on trade, Australia didn’t want the statement to be too soft on migration and Turkey worried it would push too far on climate change, according to the officials. A senior White House official said the joint statement meets many U.S. objectives and stressed that it includes language about WTO reform. The official also noted other elements such as language on workforce development and women’s economic development and a commitment by China to doing infrastructure financing on “transparent terms.” On global commerce, the statement says the 20 countries support multilateral trade but acknowledge that the current system doesn’t work and needs fixing, via “the necessary reform of the WTO to improve its functioning.” On migration, European officials said the U.S. negotiator said too much talk about it would have been a “deal-breaker” for Trump. So they came up with “minimalist” language that acknowledges growing migrant flows and the importance of shared efforts to support refugees and solve the problems that drive them to flee. With trade tensions between the U.S and China dominating the summit, the Europeans sought to play mediator and also scaled back their expectations, cutting out mention of rising protectionism — mainly aimed at Trump. French President Emmanuel Macron called it a victory that the U.S. signed on to the statement at all, given the tensions going into the talks. “With Trump, we reached an agreement,” Macron said. “The U.S. accepted a text.” Thomas Bernes of the Canada-based Centre for International Governance Innovation, who has held leading roles with the International Monetary Fund, the World Bank and the Canadian government, said the G-20 had “veered all over the road” at the summit and failed to truly fix trade. Perhaps surprisingly, one country that was seen as particularly constructive was Russia, the EU officials said. Despite tensions over its military actions on Ukraine and political interference abroad, Russia supports international efforts on trade and climate. The next G-20 summit is to be held in Osaka, Japan, in June 2019.