Finance ministers and central bank chiefs from the Group of 20 developed and developing nations gathered in South Africa on Wednesday for a two-day meeting marked by

South Africa's G20 presidency this year will prioritise efforts to help developing countries finance their shift to a low-carbon economy, President Cyril Ramaphosa said, even as the United States radically scales back its support.

South Africa's President Cyril Ramaphosa called on Wednesday for strong cooperation at the opening meeting of the Group of 20 (G20) finance ministers in Cape Town, which was not attended by several key figures.

The tariff plan announced by Trump on Wednesday covers various European imports, including cars and other goods. Speaking at a White House cabinet meeting, he claimed that the EU has "taken advantage of" the United States by blocking American cars and agricultural products.

U.S. President Donald Trump said on Wednesday that his administration will soon announce a 25% tariff on imports from the European Union. "We have made a decision, and we'll be announcing it very soon,

President Donald Trump said he has decided to hit the European Union with 25% tariffs, saying EU was formed "to screw the United States." “We have made a decision and we’ll be announcing it very soon,