"Group of 20 countries should abide by their commitment to avoid taking new protectionist measures, strengthen investment policy cooperation and take effective action to promote trade growth," Xi said. The World Trade Organization is forecasting this year's global trade growth at an anemic 2.8 percent — its fifth straight year below 3 percent. "We understand that many of our citizens are frustrated by the pace of globalization and feel they're not experiencing the benefits of international trade," Obama said. "Free trade must be fair trade," Juncker said at a news conference with Donald Tusk, president of the European Council. Germany, South Korea and other governments say they also want to discuss climate, energy and possible reforms to the global tax system to reduce tax evasion.
Source: ABC News September 04, 2016 05:38 UTC