The G7 finance ministers are meeting in Canada, facing potential discord over President Trump's tariffs that may slow growth among member nations. Traditionally a collegial gathering, this year's discussions may be more fraught, as relationships among G7 countries are tested. Economist Eswar Prasad highlights the difficulty of these dynamics, referencing ongoing trade negotiations with the UK, Japan, and the EU, while Canada grapples with significant tariffs impacting its exports. The meeting could reveal deeper rifts in international economic relations.
The annual meetings of the Group of 7 finance ministers, known as the G7, are typically congenial... But this year, they may be less agreeable due to Trump's tariffs.
Eswar Prasad, an economist, indicates that the current G7 meeting could be tumultuous due to the challenging dynamics driven by U.S. trade policies.
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