Trade and Tariffs at the Forefront
The finance ministers and central bank governors gathered in , to address global economic conditions, with a significant focus on the economic fallout from US President 's tariffs.
Trump's tariffs, including a blanket 10% tariff on most US trading partners, have raised concerns among G7 members about inflation and economic growth, overshadowing the summit.
Ukraine and International Cooperation
The war in and its economic implications are central to the discussions, with Ukrainian Finance Minister attending. The G7 seeks a common stance on Ukraine amidst Trump's uncertain approach.
Despite internal tensions and the unpredictability of Trump's policies, G7 leaders aim to find common ground on trade, security, and climate change, with a potential focus on non-market practices and China's industrial capacity.