Trump’s tariffs will test unity among allies at G7 finance ministers’ summit WSOC TV [Video]

BANFF, Alberta — (AP) — Leading financial officials from the world’s richest countries are gathering in a Canadian mountain resort this week for what may prove a contentious meeting in the wake of President Donald Trump’s sweeping tariffs.

The annual meetings of the Group of 7 finance ministers, known as the G7, are typically congenial and in previous years have produced joint commitments to combat inflation and counter the COVID pandemic. There may be less agreement this year as Trump’s tariffs threaten to slow growth in many of the gathered nations, including host Canada, which Trump has also suggested become a potential 51st state.

“I expect it will be somewhat of a testy conversation among the G7 officials,” said Eswar Prasad, an economist at Cornell University and former top official at the International Monetary Fund. “This is a very difficult period for the relationships among the G7 countries.”

The Trump administration has …