(Bloomberg) -- Good morning Americas. Here’s news and analysis from Bloomberg Economics to help get your Thursday started:

  • Trade alarms are ringing louder for G-20 economic officials gathering this week, where Argentina will play an awkward host as it struggles to shake off a protectionist history
    • Meanwhile, Trump’s top economic aide says China’s Xi doesn’t want a trade deal
  • Judging by the number of Americans on food stamps, it doesn’t feel like one of the best job markets in almost a half century and the second-longest economic expansion on record
  • U.K. retailers ended their best quarter in 14 years on a sour note, with warm weather and the World Cup keeping shoppers away from clothing and department stores
  • Italy’s economy may have avoided a slowdown in the second quarter thanks to a strong performance from the labor market and industry, according to the finance ministry’s top economist
  • Slower Japanese export growth is a warning sign amid heightened trade tensions, while Japan’s trade minister is talking tough on auto tariffs
  • Indonesia’s central bank left its benchmark interest rate unchanged after three hikes in a row helped to stabilize the currency in Southeast Asia’s biggest economy

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

To contact the editor responsible for this story: Paul Gordon at pgordon6@bloomberg.net

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