G20 to tackle US-China trade war, digital tax

TOKYO -- Top financial policymakers from the world's 20 most powerful nations gather this weekend in Japan as a protracted US-China trade war clouds the global economy with no end in sight. G20 finance ministers and central bankers gathering in the southwestern Japanese port city of Fukuoka will also tackle the thorny conundrum of how to tax huge multinational digital firms like Google and Facebook. Policymakers are facing an increasingly gloomy outlook as turbulence from broadening trade conflicts spills into the real economy, prompting several central banks to slash interest rates or signal looser monetary policy. Just ahead of the meeting, the World Bank slashed its globa...

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