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World leaders pose for the G20 family photo. Photo: Mikhail Svetlov via Getty Images

In a joint declaration signed by all G20 nations Saturday, leaders acknowledged that the current multilateral trading system is "falling short of its objectives" and voiced support for "necessary reform" of the World Trade Organization.

The big picture: President Trump — who has made trade imbalances a hallmark complaint of his presidency — has threatened to withdraw from the WTO, which he believes was "designed by the rest of the world to screw the United States." Trump will meet Chinese President Xi Jinping Saturday night to discuss the ongoing trade war between the U.S. and China, per Reuters.

Go deeper

3 mins ago - Technology

Why domestic terrorists are so hard to police online

Illustration: Eniola Odetunde/Axios

Domestic terrorism has proven to be more difficult for Big Tech companies to police online than foreign terrorism.

The big picture: That's largely because the politics are harder. There's more unity around the need to go after foreign extremists than domestic ones — and less danger of overreaching and provoking a backlash.

Erica Pandey, author of @Work
8 mins ago - Economy & Business

Work-wherever turns to work-whenever

Illustration: Sarah Grillo/Axios

The pandemic killed the 9-to-5 workday for many.

The big picture: So much of our society — from after-school child care programs to the most coveted time slots for television shows — is structured around working from 9 to 5. But our countrywide experiment in remote work has demonstrated that the hours we are logged on don't matter as long as the work gets done.

Ben Geman, author of Generate
37 mins ago - Energy & Environment

Biden's plan to upend Trump's environmental legacy

Illustration: Aïda Amer/Axios. Photo by Brendan Smialowski/AFP via Getty Images

President-elect Joe Biden will on Wednesday order a government-wide review of over 100 Trump-era policies and direct agencies to prepare a suite of emissions and energy efficiency rules.

Why it matters: New information from transition officials offers the full scope of Biden's imminent, inauguration-day burst of environmental and energy policy moves.