South Africa urged G20 countries to show global and cooperative leadership to tackle challenges including rising trade barriers, as the club's finance chiefs met on Thursday under the shadow of President Donald Trump's tariff threats.

South Africa calls for cooperative leadership at the G20 meeting, emphasizing the need for solidarity in tackling challenges like rising trade barriers. The forum, historically plagued by disputes, faces additional strain from Russia's war in Ukraine and tariff threats from the Trump administration.

The sticking points include wording on sustainable financing coming from the US delegation and a reference to global imbalances on China’s side, the finance minister said.