💨 Abstract

Leading financial officials from the G7 nations are meeting in Canada, anticipating a tense gathering due to President Trump's tariffs. These tariffs, affecting countries like Canada, France, Germany, and Italy, are expected to slow economic growth. The meeting will be the first formal G7 attendance for U.S. Treasury Secretary Scott Bessent. Key topics include trade imbalances, the status of the U.S. dollar, and potential new sanctions on Russia, particularly regarding Russian oil.

Courtesy: wtop.com