President Donald Trump will not be attending a summit of leaders of the world’s 20 largest economies and nor will the leaders of other group members Russia, China, Argentina and Mexico.

Why It Matters

The Group of 20, or G20 , was founded in 1999 after the Asian financial crisis with the intention of promoting global financial stability and underpinning development in a forum that brings together the developed industrial economies and their leading developing partners.

Together, G20 members—19 countries plus the European Union and the African Union—represent about 85 percent of global gross domestic product, 75 percent of international trade, and two-thirds of the world’s population.

Trump's absence, and that of other leaders, risks undermining the credibility of the G20 during the g

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