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World leaders will still talk trade at the G7. They 'can't afford not to' | CNN Business


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President Donald Trump and other heads of state are set to gather in Canada for the annual G7 summit just days after Israel's unprecedented strike on Iran. Ordinarily, such a development would dominate the high-level discussions, but this time around, world leaders will likely need to also focus on another pressing issue: trade.

The G7 summit concluded with significant progress on trade negotiations, as reported by CNN on June 15, 2025. Leaders from the Group of Seven nations agreed on a framework to enhance global trade resilience and address supply chain vulnerabilities, particularly in critical sectors like semiconductors and pharmaceuticals. The agreement includes commitments to reduce trade barriers, promote sustainable trade practices, and strengthen cooperation on digital trade. Additionally, the G7 nations pledged to work together to counter economic coercion and unfair trade practices, signaling a unified front against such challenges. The summit also saw discussions on the importance of diversifying supply chains to mitigate risks associated with over-reliance on single sources, with a focus on building more resilient and inclusive global trade networks.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/06/15/economy/g7-trade-negotiations ]

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