As the G20 Finance Track meetings conclude in South Africa, leaders address the pressing economic challenges facing developing nations amid global uncertainty.

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

At the G20 meeting in Durban, Canada's finance minister emphasized the need to combat the prevailing uncertainty caused by trade restrictions and tariffs. With discussions overshadowed by U.S. policies,

"The G20 was built around a presumption that all the world's major economies shared a common interest in a stable, relatively open global economy," said Brad Setser of the Council on Foreign Relations. "But Trump doesn't really care about stability and wants a more closed global economy."

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