Merkel Concerned G-20 Summit Could End in Fiasco

U.S. President Donald Trump delivers remarks during an 'Unleashing American Energy' event at the Department of Energy in Washington

30 June 2017 | Spiegel Staff | Spiegel Online

“…Less than a week before the G-20 summit is set to start in Hamburg, the risk is growing that the unpredictable U.S. president could turn the prestigious meeting of world leaders into a fiasco.

Environment, refugees, trade: On a long list of issues, Trump and his America-first administration are sabotaging the search for joint positions among the world’s industrialized and emerging economies.

The discrepancies are “obvious,” Merkel said during a speech before German parliament on Tuesday, the discussions “will be difficult.”

If Merkel is right, the U.S. – after withdrawing from the Paris climate deal in early June – is now threatening another global agreement.

Almost nine years ago, at the height of the financial crisis, the world’s 20 largest economies agreed to launch economic stimulus programs and to reach consensus on joint regulations to prevent bank collapses and tax evasion. It was a far cry from the new global government that some had been dreaming of, but that summit did bring about some modest improvements.

Now, though, the Trump administration is reneging on numerous G-20 agreements because it doesn’t see the world as a “global community,” but as “an arena” in which countries “engage and compete for advantage,” as National Security Adviser H.R. McMaster and Trump’s economic adviser Gary Cohn wrote in a late May op-ed for the Wall Street Journal.

Eat or be eaten: That is Washington’s new foreign policy creed, one which doesn’t have much in common with Merkel’s image of a world with shared rights and regulations.

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