US set to shift its approach towards G20 when it takes over group’s rotating presidency from South Africa in December.

DURBAN (Reuters) -Major economies cannot allow uncertainty to become the new norm even though they face a novel world of growing trade restrictions and tariffs, Canada's finance minister said on Thursday.

DURBAN - G20 finance ministers and central bank governors have shrugged off United States (US) President Donald Trump’s poor endorsement of the bloc’s work under South Africa’s presidency. The finance track met for a third time in Zimbali in KwaZulu-Natal (KZN) this week—with talks wrapping up yesterday.

South Africa has downplayed the absence of US Treasury secretary Scott Bessent at a meeting of G20 finance chiefs, saying it believed the world’s biggest economy is still “committed” to the grouping as the gathering starts in Durban.

Finance chiefs from the Group of 20 advanced and emerging economies said Friday that the global economy is facing

In opening remarks, South Africa's Finance Minister Enoch Godongwana said the G20 must provide strategic global leadership, cooperation and action in the face of complex challenges.

The repeated calls follow the close of the third G20 finance ministers and central bank governors meeting in KwaZulu Natal.