G7 summit to start amid Trump trade tensions and Iran-Israel crisis – US politics live

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"G7 Summit Opens Amid Trade Tensions and Middle East Conflicts"

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The G7 summit, set to commence in the picturesque Canadian Rockies, is poised to tackle a myriad of pressing issues amid escalating global tensions. The summit's backdrop is marked by significant trade disputes, particularly the aggressive tariffs imposed by President Donald Trump on numerous nations, which threaten to instigate a worldwide economic slowdown. Moreover, the geopolitical landscape is fraught with unresolved conflicts, including the ongoing wars in Ukraine and Gaza, as well as a burgeoning crisis between Israel and Iran concerning Tehran's nuclear ambitions. In addition to these challenges, leaders will address critical topics such as climate change, immigration, drug trafficking, and the implications of emerging technologies like artificial intelligence, all while navigating the complexities of China's dominance in global manufacturing and supply chains. The stakes are high as Trump and his counterparts from Japan, France, the United Kingdom, Italy, Germany, and Canada prepare for a summit that demands both diplomacy and decisive action to mitigate potential fallout from these multifaceted issues.

The dynamics of this year's G7 summit are further complicated by the Trump administration's approach to international collaboration. Unlike previous summits that typically culminated in a joint consensus statement, this year’s gathering may not yield such an agreement, signaling the administration’s inclination to prioritize its own objectives over collective diplomacy. Analysts suggest that the Trump administration may believe that avoiding a consensus is preferable to reaching an unsatisfactory deal. This reflects a broader strategy that encompasses not just tariffs and trade but also energy policies favoring increased fossil fuel production and a desire for Europe to lessen its reliance on U.S. military support. As the summit unfolds, the absence of a united front among the world's leading democracies may have significant implications for global governance and cooperative efforts in addressing the myriad challenges facing the international community today.

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Good morning and welcome to our US politics blog

WhenDonald Trumplast came to Canada for a G7 summit, the enduring image was of him seated with his arms folded defiantly as then-German Chancellor Angela Merkel stared daggers at him.

If there is a shared mission at this year’s G7 summit, which begins Monday in Canada’s Rocky Mountains, it is a desire to minimize any fireworks at a moment of combustible tensions.Trump already has hit several dozen nations with severe tariffs that risk a global economic slowdown. There is little progress on settling the wars in Ukraine and Gaza and now a new and escalating conflict betweenIsraeland Iran over Tehran’s nuclear program.Add to all of that the problems of climate change, immigration, drug trafficking, new technologies such as artificial intelligence and China’s continued manufacturing superiority and chokehold on key supply chains.

So it looks like the Trump, and the leaders of Japan, France, the United Kingdom, Italy, Germany andCanadaare in for a busy time.

Stay with us for all the developments:

In other news:

The man suspected of shooting two Minnesota lawmakers, killing one of them and her husband, has been taken into custody, two law enforcement officials said.Vance Boelter was arrested Sunday evening.

Trump has directed federal immigration officials to prioritize deportations from Democratic-run cities after large protests have erupted in Los Angeles and other major cities against his administration’s immigration policies.

French President Emmanuel Macron warned that Greenland is “not to be sold”nor “to be taken” in a key visit to the strategic Arctic territory coveted by Trump

She finds the whole idea absurd. To Prof Marci Shore, the notion that the Guardian, or anyone else, should want to interview her about the future of the US is ridiculous. She’s an academic specialising in the history and culture of eastern Europe and describes herself as a “Slavicist”, yet here she is, suddenly besieged by international journalists keen to ask about the country in which she insists she has no expertise: her own. “It’s kind of baffling,” she says.

Marci Shore made news around the world when her family moved toCanada. WithJonathan Freedland, she discusses Trump, teaching history and how terror atomises society:

A custody photo has been released of the man suspected of killing a Minnesota lawmaker and wounding another, who crawled to officers in surrender Sunday after they located him in the woods near his home, ending a massive, nearly two-day search that put the entire state on edge.

Vance Boelter was arrested and charged with two counts of murder and two of attempted murder. He is accused of posing as a police officer and fatally shooting former Democratic House Speaker Melissa Hortman and her husband, Mark, in their home early Saturday in the northern Minneapolis suburbs.

Authorities say he also shot Sen. John Hoffman, a Democrat, and his wife, Yvette. They were injured at their residence about 9 miles (about 15 kilometers) away.

Investors are gearing up for key central bank meetings this week, with a particular eye on the US Federal Reserve and Bank of Japan, as well as talks with Washington aimed at avoiding Donald Trump’s sky-high tariffs.

At the G7 summit in the Canadian Rockies, the Middle East crisis will be discussed along with trade in light of Trump’s tariff blitz.

Investors are also awaiting bank policy meetings, with the Fed and BoJ the standouts.

Both are expected to stick to their decisions for now but traders will be keeping a close watch on their statements for an idea about the plans for interest rates, with US officials under pressure from Trump to cut.

Good morning and welcome to our US politics blog

WhenDonald Trumplast came to Canada for a G7 summit, the enduring image was of him seated with his arms folded defiantly as then-German Chancellor Angela Merkel stared daggers at him.

If there is a shared mission at this year’s G7 summit, which begins Monday in Canada’s Rocky Mountains, it is a desire to minimize any fireworks at a moment of combustible tensions.Trump already has hit several dozen nations with severe tariffs that risk a global economic slowdown. There is little progress on settling the wars in Ukraine and Gaza and now a new and escalating conflict betweenIsraeland Iran over Tehran’s nuclear program.Add to all of that the problems of climate change, immigration, drug trafficking, new technologies such as artificial intelligence and China’s continued manufacturing superiority and chokehold on key supply chains.

So it looks like the Trump, and the leaders of Japan, France, the United Kingdom, Italy, Germany andCanadaare in for a busy time.

Stay with us for all the developments:

In other news:

The man suspected of shooting two Minnesota lawmakers, killing one of them and her husband, has been taken into custody, two law enforcement officials said.Vance Boelter was arrested Sunday evening.

Trump has directed federal immigration officials to prioritize deportations from Democratic-run cities after large protests have erupted in Los Angeles and other major cities against his administration’s immigration policies.

French President Emmanuel Macron warned that Greenland is “not to be sold”nor “to be taken” in a key visit to the strategic Arctic territory coveted by Trump

The White House has stayed decidedly mum about its goals for the G7, which originated as a 1973 finance ministers’ meeting to address the oil crisis and steadily evolved into a yearly summit that is meant to foster personal relationships among world leaders and address global problems.

There is no plan for a joint statement this year from the G7, a sign that the Trump administration sees no need to build a shared consensus with fellow democracies if it views such a statement as contrary to its goals of new tariffs, more fossil fuel production and a Europe that is less dependent on the U.S. military.

“The Trump administration almost certainly believes that no deal is better than a bad deal,” said Caitlin Welsh, a director at the Center for Strategic and International Studies think tank who was part of Trump’s team for the G7 in Trump’s first term.

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Source: The Guardian