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G7 finance chiefs hold talks under strain of Trump tariffs

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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.

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