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Trade war

G-20 statement drops 'fight protectionism' in win for Trump

US hails endorsement of WTO reform

Argentina's President Mauricio Macri holds a news conference at the final day of the G20 leaders summit in Buenos Aires, Argentina December 1, 2018.   © Reuters

BUENOS AIRES, Argentina -- Group of 20 leaders closed their two-day gathering here on Saturday, issuing a statement that cited the importance of multilateral trade, but without the words "fight protectionism," after the U.S. opposed the inclusion of them.

The commitment to resist, reject or fight protectionism had been staple phrases in past statements, but as in many recent multinational forums, the Trump administration has been pushing back against the use of the word as it seeks to adjust the imbalances it sees in the current global trading system.

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