US-Japan trade deal is bright spot at chaotic G-7 summit

World seems no closer to avoiding ugly economic shocks in 2020

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The G-7 seemed out of its depth on Trump's trade war. © Reuters

About the best that can be said of the Group of Seven standoff over the weekend is that markets were not open to get caught in the crossfire.

The disarray on display in Biarritz, France, at the meeting of leading economies made one thing clear: Asia has new reasons to worry that the global trade war will intensify heading into 2020.

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