The increasing influence of the American president Donald Trump’s tariff It creates “tensions” between members G7 The Federal Finance Minister is heading, heading to a critical summit in Canada next month.
Finance Minister Francois-Philippe Champagne and the Governor of Canada Bank Tif McLim heads three days of meetings with senior financial officials of the world’s largest economies in Banf, Alta, this week. The talks are expected to focus on the war in Ukraine and artificial intelligence, and how members of the seven group can work together to develop the global economy.
However, Trump’s commercial aggressive policies are likely to dominate procedures, and can even affect what members can agree to this.
“There is no doubt that throughout the table, you need to find the unit, but at the same time, it is true that the customs tariff creates tensions between different partners.”
“Everyone realizes that the financial ability of countries is more restricted than getting out of Covid. We have great things that we do with regard to defense, regarding infrastructure, with regard to housing.”
He continued: “So my mission is like a chair, in fact, to ensure that we can work together, remove the uncertainty that we see, instability that we saw in the market, and focus on the growth standards that will be beneficial to all of us.”
Other G7 financial officials have expressed their intention to resolve commercial conflicts with the United States as soon as possible before this week’s meetings.
“Definitions and suspicions are a burden on our economy, and thus on job security,” said German Finance Minister Lars Klin Gypshell in Berlin on Tuesday before leaving Canada.
Shmembania said that US Treasury Secretary Scott Beesen will represent the Trump administration at the Panf Summit.
He did not say whether he and the other G7 financial officials will urge Trump’s tariff during the talks – which was said by other administration officials and other administration officials that he is not something they think about, although they say countries can negotiate a lower tariff through new trade deals.
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A spokesman for the US Treasury said that Bessent will push the other Group of Seven countries to address non -market imbalances and practices, including in its own economies, and the confrontation is the economic model that the state is driving in China.
The spokesman added: “The 7 group must work together to protect our workers and companies from the unfair practices of China,” the spokesman added.
Al -Shambania, who was pressured by correspondents at a press conference later on Tuesday, and wounding officials will discuss “issues submitted and medium”, but will search for a unified front on the challenges facing the world.
He said, “I am very much looking forward to Minister Bessin’s contribution,” he said. “All colleagues are very keen to meet him and have a chance to discuss frankly and frankly, how we can work together.”
This week’s gathering will be an introduction to the Summit of the Group of Seven, which will take place in Kanancisis, Alta, from June 15 to 17, which will witness Trump joining Prime Minister Mark Carney, Japanese leaders and Europe for high -level talks.
Ottawa, Alberta works together on energy, says Shambania
Global News told that he met with the Prime Minister at Alberta Daniel Smith in Calgary earlier on Tuesday, where the two discussed the federal government’s commitment to expanding energy and projects in Canada.
The minister said that hosting the Group of Seven talks in Alberta will show the possibility of boycotting, Canada as a whole, to provide oil, gas and other natural resources for the rest of the world. This is a message that I share with Smith as well.
“This morning it was related to opportunities, while making sure that we see how we can take this moment we have in front of us and be ambitious and build Canada in the future together.”
“There are many projects that we need to bring oil to the market. We have looked at different things together and they know that we are keen to work together, and that we are stronger together.”
Al -Shambania said that he also met with Ukrainian Finance Minister Sergei Marsenko before heading to Panf, where Marschenko is also scheduled to participate in some talks.
Al -Shambania said that the ministers discussed the ways to rebuild Ukraine, as well as the ways that Canada Ukraine can help economically.
“There is an ethical necessity to help our Ukrainian friends who fought for democracy,” he said. “But at the same time, there is a lot that Canada can offer when it comes to energy, when it comes to oil and gas, when it comes to infrastructure, when it comes to housing.”
In Italy last year, the leaders committed to keeping Russian assets frozen and redirect to provide Ukraine with financial support.
Since Trump returned to power last January, he threatened to withhold funding from Ukraine and forced it to sign the critical mineral agreement in exchange for continuing support against the aggression of Russia.
The European Union and Britain announced new sanctions against Russia on Tuesday without waiting for Washington to join them, a day after Trump’s phone call to Russian President Vladimir Putin does not lead to a ceasefire in Ukraine or new US sanctions.
– With the files from the Canadian press and Reuters
& Copy 2025 Global News, a Division of Corus Entertainment Inc.
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