Top finance officials from the world’s seven wealthiest democracies set aside stark differences on U.S. tariffs and agreed to counter global “economic imbalances,” a swipe at China’s trade practices.

By David Lawder, Promit Mukherjee and Julia Payne BANFF, Alberta (Reuters) -Finance ministers and central bank governors from the Group of Seven democracies papered over their differences on Thursday,

While China was not named, such references to non-market policies are often aimed at Beijing’s state subsidies and export-driven model.

G7 finance ministers vowed to crank up sanctions on Russia if it does not make progress towards peace with Ukraine, in a show of support for Kyiv after the US signalled it may pull back from trying to resolve the conflict.

Canada's Finance Minister François-Philippe Champagne said on Thursday that the discussions on tariffs did come up during a G7 finance leaders' meeting, even though there was mention of them in the final communique that was published.

El presidente Donald Trump asistirá a la cumbre del Grupo de los Siete en junio, según anunció la Casa Blanca, en un contexto marcado por tensiones comerciales y sus esfuerzos por poner fin a la guerra de Rusia en Ucrania,

Canadian Finance Minister Francois-Philippe Champagne holds a press conference with Ukraine Minister of Finance, Sergii Marchenko (not pictured), after the two met during the G7 finance ministers and central bank governors meeting in Banff, Alberta, Canada, May 20, 2025. REUTERS/Todd Korol

Finance ministers and central bank governors from the Group of Seven nations pledged to address "excessive imbalances" in the global economy, according to a draft communique on Thursday. The finance leaders,

Federal prisons won't be used to house inmates displaced by the G7 summit in Alberta in June. The province says it doesn't plan to manage its prison populations the same way it did the last time world leaders met in Kananaskis,

US President Donald Trump will attend the annual G7 leaders' summit in Canada, the White House said Thursday. "President Trump will travel to the G7 leaders' summit in Canada from June 15 through the 17th. "We will be sending additional logistics information out after the briefing," spokeswoman Karoline Leavitt told reporters.