G20 finance leaders seek to de-escalate trade tensions and uncertainty
Delegates in Washington call for rapid, co-ordinated efforts to provide more clarity on tariffs and curb uncertainty
25 April 2025 - 05:00
Group of 20 (G20) finance ministers and central bank governors meeting in Washington this week called for immediate and co-ordinated efforts to provide more clarity on trade tariffs and curb the heightened uncertainty that has engulfed financial markets and put global financial stability at risk.
“Uncertainty is a tax with no revenue and we cannot let the uncertainty become the new normal,” said Reserve Bank governor Lesetja Kganyago, who co-chaired the G20 finance track meeting with finance minister Enoch Godongwana...
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