G7 finance chiefs hold talks under strain of Trump tariffs

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G7 finance chiefs hold talks under strain of Trump tariffs

//business-finance.news-articles.net/content/202 .. fs-hold-talks-under-strain-of-trump-tariffs.html

Published in Business and Finance on Thursday, May 22nd 2025 at 23:21 GMT by montanarightnow
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

G7 finance ministers held talks Wednesday on thorny issues like the economic disruption caused by US President Donald Trump's tariffs and support for Ukraine, seeking to find a common voice.

The G7 finance ministers and central bank governors convened in Whistler, Canada, amidst tensions caused by U.S. President Donald Trump's imposition of steel and aluminum tariffs on the European Union, Canada, and Mexico. The meeting, held on June 2, 2018, was overshadowed by the ongoing trade disputes, with the U.S. representatives facing criticism from their counterparts. The tariffs, justified by the U.S. on national security grounds, were met with retaliatory measures from the affected countries. The discussions highlighted the challenges in reaching a consensus on global economic issues, as the trade conflicts threatened to undermine the unity of the G7 nations. The finance chiefs aimed to address topics such as promoting sustainable economic growth, reducing global imbalances, and combating protectionism, but the tariff dispute remained a significant point of contention throughout the talks.

Read the Full montanarightnow Article at:
[ https://www.montanarightnow.com/national_news/g7-finance-chiefs-hold-talks-under-strain-of-trump-tariffs/article_062059c9-00df-5068-8dbe-93f4825aaabc.html ]

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