By  on November 28, 2018

GENEVA — The world’s international business and trade communities are nervously waiting to see if the face-to-face meeting between President Donald Trump and Xi Jinping on the sidelines of the G20 Summit in Buenos Aires delivers a deal that pulls them back from the brink of a costly trade war.

After U.S.-China trade tensions derailed the recent 2018 Asia-Pacific Economic Cooperation summit and Chinese and U.S. trade envoys exchanged more accusations at a World Trade Organization forum on Nov. 21, international diplomats are concerned that failure by Trump and Xi to narrow their differences — or, at a minimum, agree on a political roadmap for negotiations to defuse the crisis — could cause the world economy to see more turbulence and instability in 2019.

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