G7 Finance Leaders Seek Consensus Despite Trump Tariff Tensions

Leaders from the Group of Seven industrialized nations met in Banff, Canada, this week to address economic issues and seek common ground amid ongoing tensions with the United States. The G7 finance ministers sought to reach a joint communiqué on non-tariff issues such as support for Ukraine, concerns over China’s economic practices, and combating financial crime. However, disagreements arose over U.S. tariffs imposed under President Trump, which threatened to derail the meeting and its potential agreement on a final statement.