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At the IMF meetings that included gatherings of G7 and G20 members, something unique happened.

Reeves said she had also been working closely with European and Canadian counterparts to remove trade barriers, and that conversations around the table at G20 meetings this week had been difficult:

Mr Musk, part of Trump's inner circle, has railed on X against what he calls "racist ownership laws" in South Africa, while the US president has threatened to boycott the G20 summit of world leaders to be held in the country later this year.

"How could we be expected to go to South Africa for the very important G20 Meeting when Land Confiscation and Genocide is the primary topic of conversation? They are taking the land of white Farmers, and then killing them and their families," Trump said on his social media platform Truth Social.

Trump, in a post over the weekend, reiterated his intention to boycott the upcoming G20 2025 Summit taking place in South Africa later this year, citing the controversial land policy as the main reason.