G7 Finance Ministers Unite on Economic Challenges, Downplay Major Divisions

Reported about 11 hours ago

G7 finance ministers and central bank governors convened in Banff, Alberta, and put aside their differences on U.S. tariffs and the war in Ukraine, emphasizing the need to address global economic imbalances, particularly in light of China's trade practices. Their communiqué indicated a softer stance on free trade principles while hinting at potential new sanctions on Russia if a ceasefire is not reached, and committed to monitoring policies that disrupt fair trade.

Source: YAHOO

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