G7 leaders pushing Trump to trade as conversations continue Economy news

The leaders are also torn in a statement calling for the abolition of the escalation between Iran and Israel

World leaders gather this week A group of seven summit in Canada He will try to push US President Donald Trump to back away from his consecutive commercial war, which experts say experts are a threat to global economic stability.

Most countries represented in the Group of Seven are already for a 10 percent basic Trump tariff with threats for more. European and Japan countries face additional fees on cars, steel and aluminum. The seven group consists of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.

Trump’s arrival on a meeting with the host, Canadian Prime Minister Mark Carne, Trump said that the trade will be the “primary focus” of the summit, which started on Sunday and will continue until Tuesday.

The commercial issue is of particular importance for Canada after the Trump administration announced several additional fees on Canadian goods in recent months.

Mexican President Claudia Shinbom has been invited to the top and will have her face to face with Trump, as her country is trying to re -negotiate the tripartite trade agreement in North America, which also includes Canada.

While there are few expectations that the summit ends with a penetration of trade negotiations between the United States and the rest of the world, the American commercial representative, Jameson Jarir is part of the Trump delegation.

Dozens of countries are being imprisoned in negotiations with the Trump administration to cancel a kind of commercial deal before the United States imposed a “mutual” tariff, threatened in July.

Last week, US Treasury Secretary Scott Payett said that the date may be returned later to countries that are believed to be negotiating in good faith.

German counselor Friedrich Mirz told reporters that he would cooperate with his counterparts from France and Italy to discuss the American trade threat with Trump directly.

“(French President), Emmanuel Macron, (Italian Prime Minister), Georgia Meloni, edited firmly to try, during the next two days, to speak again with the United States government to find out whether we can find a solution.”

He added: “There will be no solution at this summit, but we may be able to approach a solution in small steps.”

The European Commission is addressing the commercial negotiations of the 27 -countries European Union and the head of trade in the bloc, Marus Sivkovic, attending the summit, accompanying the delegation of the Chairman of the Committee, Ursula von der Lin.

Shortly after his arrival at the top, von der Lynn presented on Monday an appeal to “maintain trade between the United States fair, predictable and open” in a veiled call to Trump to back down from his induction attack.

British Prime Minister Kiir Starmer said he will talk about the implementation of the United Kingdom’s commercial deal with the United States during one over one with Trump.

In May, the United Kingdom was the first country to face a preliminary deal with Washington to avoid deep tariffs, although 10 percent foundation tax remains in place.

Starmer said the deal was in its final stages and is expected to be completed “very soon.”

Commercial talks confirmed by Iran and Israel

Commercial conversations come side by side Increased tensions between Israel and Iran The two countries also exchanged attacks. on monday, It hit an Israeli air strike on Iranian state television MIDBROADCAST station. The calls to cancel the escalation were a point of disagreement at the meeting, according to James Bay from the island.

“The problem with the seven group is that you have a set of views. President Trump has on one of the two parties, who seems to not even sign a statement about the escalation. You have the Europeans, who say” the escalation “since this situation began on Friday.”

“Japan was completely different from other countries,” Bay said.