During meeting on Sunday world financial leaders called for the use of measures to prevent trade and geopolitical tensions that might hurt global growth, however, consensus in regards to actions against US tariffs was not reached, Reuters reports.

Ministers of finance from 20 largest economics in the world noted that growth is still quite strong, however, less synchronized and exposed to risks in short and medium term. Such risks include financial vulnerability, rising trade and geopolitical tension, global disbalance, uneven and structurally weak development, especially in some developed economies.

General mood at the meeting showed concern of world financial leaders about current processes in global economy and readiness to specific actions.

On Friday President Trump added problems to world financial society, announcing that he plans to implement tariffs to the whole volume of Chinese import, which values $500 billion, if China does not agree with serious changes in policies in regards to technology transfer, industrial subsidies and joint ventures.