German Finance Minister Kleinbeier said during the G20 finance ministers and central bank governors meeting on September 1 that the war in the Middle East and the ongoing introduction of US tariff policies are important uncertainties dragging down global economic growth. The G20 finance ministers and central bank governors meeting continued to be held on the 1st in North Carolina, USA. During the conference, the United States and some European participating countries disagreed on the wording related to the conference documents. German Finance Minister Kleinbeier believes that the relevant US practices are responsible for the slowdown in global economic growth. He stressed that the war in the Middle East and the continuous introduction of US tariffs are important uncertainties dragging down global economic growth. “Uncertainty is poison for economic growth. The tariff conflict being promoted by the US, such as the dispute with Canada, is undermining trust.” Kleinbeier also said that tariff conflicts will eventually hurt all parties and reduce the level of global prosperity.

German Finance Minister Kleinbeier said during the G20 finance ministers and central bank governors meeting on September 1 that the war in the Middle East and the ongoing introduction of US tariff policies are important uncertainties dragging down global economic growth. The G20 finance ministers and central bank governors meeting continued to be held on the 1st in North Carolina, USA. During the conference, the United States and some European participating countries disagreed on the wording related to the conference documents. German Finance Minister Kleinbeier believes that the relevant US practices are responsible for the slowdown in global economic growth. He stressed that the war in the Middle East and the continuous introduction of US tariffs are important uncertainties dragging down global economic growth. “Uncertainty is poison for economic growth. The tariff conflict being promoted by the US, such as the dispute with Canada, is undermining trust.” Kleinbeier also said that tariff conflicts will eventually hurt all parties and reduce the level of global prosperity.