Feb. 3, 2025 Rubio’s decision to skip the G-20 meeting also underscores a major deterioration in U.S. relations with South Africa, one of its key trade partners in Africa. President Trump signed ...

Bessent’s decision follows Secretary of State Marco Rubio’s snub of the G-20 gathering of foreign ministers this week. Rubio had cited issues with South Africa’s land and equality policies ...

They "skip" the next generation, the grantor's children. The assets avoid estate taxes that would apply if the children directly inherited them because they're only taxed once. Generation-skipping ...