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BUENOS AIRES — A summit of the world’s top economies opened yesterday with leaders struggling over fallout from a US-China trade war that has roiled global markets and bracing for the kind of divisive geopolitical drama that US President Donald Trump often brings to the international stage.

The two-day annual gathering will be a major test for the Group of 20 industrialised nations, whose leaders first met in 2008 to help rescue the global economy from the worst financial crisis in seven decades, but which now faces questions over its relevance to deal with the latest round of crises.

Overhanging the summit in Buenos Aires, the Argentine capital, is a bitter trade dispute between the United States and China, the world’s two largest economies, which have imposed tariffs on hundreds of billions of dollars of each other’s imports.

All eyes will be on a planned meeting between Trump and Chinese President Xi Jinping today to see whether they can find a way to calm the waters and make progress towards resolving differences that threaten the global economy.

On the eve of the summit, G20 member nations were still racing to reach agreement on major issues including trade, migration and climate change that in past years have been worked out well in advance. Those divisions have highlighted the fractures in the grouping.

In fact, Trump’s scepticism that global warming is caused by human activity has even raised questions about whether the countries will be able to reach enough consensus on the issue to include it in the summit’s final communique.

Further clouding the summit is the escalation of conflict between Russia and Ukraine — a topic that will be on many leaders’ minds when they see Russian President, Vladimir Putin.

There are also questions about how to handle the awkward presence of Crown Prince Mohammed bin Salman. Saudi Arabia’s de facto ruler arrived under swirling controversy over the murder of Saudi journalist Jamal Khashoggi in the Saudi consulate in Istanbul in October. Uncertainty prevailed about how Trump, known for his unpredictability, would behave at what was shaping up as one of the group’s most consequential summits.

Earlier this month, officials from countries attending a major Asia-Pacific summit failed to agree on a joint statement for the first time as the US delegation, led by Vice President Mike Pence, clashed with China over trade and security.

In May, Trump rejected a statement by fellow leaders of the G7 industrialised economies after a tense gathering ended in acrimony, again over tariffs and trade.

Before heading for Buenos Aires on Thursday, Trump said he was open to a trade deal with China, but added, “I don’t know that I want to do it.”

After initial plans for him to stay away from the summit, Trump’s hardline trade advisor, Peter Navarro, was added to the US delegation at the last minute and is expected to attend the meeting between Trump and Xi, a US official and a source familiar with the situation told Reuters. The official said it was meant to send a message to China of US resolve on trade.

China, for its part, is hoping for “positive results” in resolving the trade dispute with the United States, the Commerce Ministry said on Thursday.

A slowdown in the global economy will worsen if Trump presses ahead with plans to further increase tariffs on some $200 billion of Chinese imports to 25 percent, OECD Secretary General Angel Gurria said. — Reuters