Trade tensions and geopolitical turmoil frame G7 Summit

  • Gas
  • June 16, 2025

Leaders from the G7 countries have convened in the Canadian Rockies in a bid to boost cooperation as trade and geopolitical challenges intensify.

An increasingly precarious and fragmented world forms the backdrop to the Kananaskis summit in Alberta – the 50th meet – amid escalating tensions in the Middle East and ongoing war in Ukraine.

An optimist might point to several new faces around the table, such as Mark Carney from the host country and German Chancellor Friedrich Merz, as a base to explore new dialogue and partnerships.

But the reality is US tariffs continue to cause collective friction within a group whose initial remit was to build economic coordination, and which today still accounts for 44% of global GDP.

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