The trade battle between the US and China, and fears that spiralling tensions with Iran could erupt into conflict are poised to dominate a high-stakes G20 summit from Friday. With hotspots North Korea and Venezuela and a slowing world economy also high on the agenda, the two-day gathering of leaders from the world’s group of 20 leading nations in Osaka, Japan, could be one of the most pivotal in years, analysts say. Trump last week sparked hopes for a detente in the long-running trade war when he said he would hold “extended” talks with Xi after a “very good telephone conversation”.
