Trump attends G7 in Canada
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The United States’ historic economic allies will likely try to avoid direct conflict while also hoping to push the U.S. president to remove tariffs and promote a ceasefire in the Middle East.
Minnesota saw a 6% export decline in 2025's first quarter. Officials blame the decline on uncertainty caused by President Donald Trump's tariffs.
According to Healey, the meeting will focus on how to “continue our partnership, lower costs for people, and support local businesses” amid shifting trade policies.
Sales of vehicles made in Canada plunged by nearly 23 percent in April after President Trump imposed a 25 percent auto tariff.
The European Union must keep a constructive position with the U.S. on trade tariffs to avoid an unwanted trade war, EU Council President Antonio Costa said on Monday. Ahead of a G7 meeting in Canada,
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Canadian exports plunged by the most in nearly 17 years outside of the pandemic, widening the country’s merchandise trade deficit to the largest on record.
The Group of 7 nations and allies from around the world are heading to a summit in Alberta in Western Canada on Sunday.
Brussels negotiators hope that by agreeing to a 10% US tariff on all European Union exports, they can avoid higher tariffs on cars, medicines, and electronics, according to a report in German newspaper Handelsblatt on Monday.