Policy alignment: Champagne speaks during a news conference in Ottawa. G7 members Japan, Germany, France and Italy all face a potential doubling of reciprocal US duties to 20% or more in early July. — Bloomberg
ALBERTA: Finance ministers from the Group of Seven (G7) industrial democracies will try to agree on policies to restore global growth and stability, says Canadian Finance Minister Francois-Philippe Champagne on Tuesday, acknowledging that tensions over new US tariffs would continue.
The meetings over the next two days in the mountain resort town of Banff, Alberta, will be about “back to basics” and will include discussions about excess manufacturing capacity, non-market practices and financial crimes, Champagne told a news conference.
