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Agencies

Global finance chiefs will convene in Washington this week amid growing uncertainty over a flagging Chinese economy and worries that a coin-toss U.S. presidential election could spur new trade battles and undermine multilateral cooperation.

The International Monetary Fund (IMF) and World Bank annual meetings are scheduled to draw over 10,000 people from finance ministries, central banks and civil society groups to discuss efforts to boost patchy global growth, deal with debt distress and finance the green energy transition.

But the elephant in the meeting rooms will be the potential for a Nov. 5 election victory by U.S. Republican presidential candidate Donald Trump to upend the international economic system with massive new U.S. tariffs and borrowing and a shift away from climate cooperation.

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22/10/2024
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