G7 finance ministers wrapped up talks in western Canada on Thursday with a show of unity, saying the economic policy uncertainty that has swept the globe was easing and vowing further progress towards stability.
US President Donald Trump’s wide-ranging tariffs have caused global economic turbulence, and this week’s meeting was seen as a test of whether the Group of Seven advanced economies could overcome tensions since Trump’s return to office.
Leaders at the talks, which included central bank governors, conceded the discussions faced challenges, including continuing disagreement over tariffs.
But in a final communique, the G7 — comprising Britain, Canada, France, Germany, Italy, Japan and the United States — said: “We acknowledge that economic policy uncertainty has declined from its peak, and we will work together to achieve further progress.”
The meeting’s host, Canadian Finance Minister Francois-Philippe Champagne, characterized the talks as “constructive and productive” and said that there was …