• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World
    CE: actions on app protect security

    CE: actions on app protect security

    Industry-First! SpiroxLTS Reveals the True Quality of TGV Laser-Modified Vias Accelerating TGV Mass Production

    Industry-First! SpiroxLTS Reveals the True Quality of TGV Laser-Modified Vias Accelerating TGV Mass Production

    G7 says Iran is ‘main source of instability in region’

    Algernon Yau to visit France

    Algernon Yau to visit France

    Silver economy push ‘needs everyone to chip in’

    IT chief tours Dutch startup incubator

    IT chief tours Dutch startup incubator

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Deloitte: Over 40% of Family Offices Prioritise Tech Amid Digital Transformation

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    Hong Kong Student Criticised for Using Outsourced AI Project to Win STEM Awards

    Xiaomi SU7 Ultra Becomes Fastest Mass-Produced EV on Nürburgring Nordschleife

    MPF at 25: PwC and HKRSA Urge Bold Reform for Hong Kong’s Retirement System

    CrowdStrike Shares Dip Despite Strong Q1 Earnings Amid Soft Revenue Guidance

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World
    CE: actions on app protect security

    CE: actions on app protect security

    Industry-First! SpiroxLTS Reveals the True Quality of TGV Laser-Modified Vias Accelerating TGV Mass Production

    Industry-First! SpiroxLTS Reveals the True Quality of TGV Laser-Modified Vias Accelerating TGV Mass Production

    G7 says Iran is ‘main source of instability in region’

    Algernon Yau to visit France

    Algernon Yau to visit France

    Silver economy push ‘needs everyone to chip in’

    IT chief tours Dutch startup incubator

    IT chief tours Dutch startup incubator

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Deloitte: Over 40% of Family Offices Prioritise Tech Amid Digital Transformation

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    Hong Kong Student Criticised for Using Outsourced AI Project to Win STEM Awards

    Xiaomi SU7 Ultra Becomes Fastest Mass-Produced EV on Nürburgring Nordschleife

    MPF at 25: PwC and HKRSA Urge Bold Reform for Hong Kong’s Retirement System

    CrowdStrike Shares Dip Despite Strong Q1 Earnings Amid Soft Revenue Guidance

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News

G7 leaders urge Trump to ease off trade war

Greta W. by Greta W.
16 June 2025
in News, World
0
G7 leaders urge Trump to ease off trade war
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter
World leaders at the Group of Seven summit in Canada on Monday tried to push US President Donald Trump to back away from his punishing trade war that poses a risk to global economic stability.

At a summit where host Canada hopes to avoid stoking Trump’s anger, and with attention on events in the Middle East, leaders still urged the US leader to reverse course on his plans to slap even steeper tariffs on countries across the globe as early as next month.

“Several participants asked to end the tariff dispute as soon as possible. They argued that this dispute weakens the G7’s economies and in the end will only strengthen China,” a senior German official told reporters on condition of anonymity.

The six other countries urged Trump to end his trade conflict as soon as possible, telling him that his protectionist policies were only “damaging to ourselves,” the official added.

Most countries represented at the G7 are already subject to a 10 percent baseline tariff imposed by Trump, under a temporary easing of higher rates, with European countries and Japan also slapped with additional levies on cars and steel and aluminum.

Britain in May was the first country to sign a preliminary deal with Washington to avoid deeper tariffs, and the two leaders at the G7 said they had agreed on the accord’s final points and signed the agreement.

“I like them. That’s the ultimate protection,” Trump told reporters after a meeting with British Prime Minister Keir Starmer on the G7 sidelines.

Trump opened a folder to display the signed documents, only for the paperwork to slide out and spread across the ground.

“Oops, sorry about that,” he said as Starmer scrambled to gather up the loose sheets and stuff them back in the folder.

The trade issue is of particular interest to Canada after the Trump administration announced several extra levies on Canadian imports in recent months, throwing the country’s economic future into deep uncertainty.

After a meeting between Trump and Prime Minister Mark Carney, the Canadian government indicated that the two sides could come to a trade truce deal in the next 30 days.

Mexican President Claudia Sheinbaum will also have her face-to-face time with Trump as her country tries to renegotiate its three-way North American free trade agreement that also includes Canada.

Dozens of countries are locked in negotiations with Washington to clinch some sort of trade deal before the US imposes stinging reciprocal tariffs, threatened for July 9.

But US Treasury Secretary Scott Bessent last week said that the date could be pushed back later for countries thought to be negotiating in good faith.

German Chancellor Friedrich Merz told reporters he would team up with his counterparts from France and Italy to discuss the US trade threat with Trump directly. (AFP)

Tags: World
Greta W.

Greta W.

Read More

CE: actions on app protect security

CE: actions on app protect security

17 June 2025
Industry-First! SpiroxLTS Reveals the True Quality of TGV Laser-Modified Vias Accelerating TGV Mass Production

Industry-First! SpiroxLTS Reveals the True Quality of TGV Laser-Modified Vias Accelerating TGV Mass Production

17 June 2025
  • Trending
  • Comments
  • Latest

Hong Kong Student Criticised for Using Outsourced AI Project to Win STEM Awards

16 June 2025

Macau Enforces 183-Day Residency Rule for 2025 Wealth Partaking Scheme

29 May 2025

Xiaomi SU7 Ultra Becomes Fastest Mass-Produced EV on Nürburgring Nordschleife

11 June 2025
Over 150 firms hoping to list in Hong Kong: HKEX

Over 150 firms hoping to list in Hong Kong: HKEX

28 May 2025
CE: actions on app protect security

CE: actions on app protect security

17 June 2025
Industry-First! SpiroxLTS Reveals the True Quality of TGV Laser-Modified Vias Accelerating TGV Mass Production

Industry-First! SpiroxLTS Reveals the True Quality of TGV Laser-Modified Vias Accelerating TGV Mass Production

17 June 2025

G7 says Iran is ‘main source of instability in region’

17 June 2025
Algernon Yau to visit France

Algernon Yau to visit France

17 June 2025

Recent News

CE: actions on app protect security

CE: actions on app protect security

17 June 2025
Industry-First! SpiroxLTS Reveals the True Quality of TGV Laser-Modified Vias Accelerating TGV Mass Production

Industry-First! SpiroxLTS Reveals the True Quality of TGV Laser-Modified Vias Accelerating TGV Mass Production

17 June 2025

G7 says Iran is ‘main source of instability in region’

17 June 2025
Algernon Yau to visit France

Algernon Yau to visit France

17 June 2025
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com