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Trump attends G7 summit in Canada
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President Trump kicked off three days of meetings in Canada, saying 'our primary focus will be trade,' but with minimal evidence of progress to offer on long-promised deals.
President Trump said Monday that he and Canadian Prime Minister Mark Carney were still debating how to come to an agreement on trade. “We’re going to see if we can get to the bottom of it today,” Trump said before meeting with Carney.
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Northeast governors and Canadian officials emphasize "intertwined" economies as Trump tariffs threaten everything from auto parts to craft beer production.
While the UK is an important trading partner for Canada, it represents only a small share of Canada's exports. In 2024, the UK represented 3.6% of exports and 1.2% of imports for the country, according to the Conference Board of Canada. Exports to the UK are mainly dominated by gold and energy products.
Britain and Canada will seek to revive stalled trade negotiations, Sir Keir Starmer indicated ahead of his meeting with Mark Carney in the lead-up to the G7 summit.
Canada is preparing to host the G7 summit. Prime Minister Mark Carney aims to reshape Canada's global image. Discussions will include trade tensions, new alliances, and Canada's role in a changing world.
As the G7 group of large democratic nations with big economies meets Sunday in Alberta, Canada they have a broad agenda in the midst of global economic and military turmoil.
Canada’s economy is stuck in a state of “suspended animation,” with major new investments largely on hold, but may start to recover in the coming months, according to the head of one of the country’s largest banks.
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