G7 officials meet in the mid -opposite winds of the Trump trade war

The senior financial officials of the richest economies in the world will start on Tuesday in Canada for meetings that are expected to be consumed by renewed fears of a global slowdown triggered by the trade war of President Trump.

The summit of the group of 7 finance ministers, a traditionally friendly rally, is probably more busy this year. The prices that Trump has imposed on American allies and adversaries have brutally threatened global growth and inflamming inflation. Europe, Japan and Canada have all brought the weight of the “America First” economic agenda of the Trump administration.

The tenor of discussions could also be complicated by the recent tension between the United States and Canada, the country welcoming this year’s meetings and that Mr. Trump said he wanted to annex.

“I think it will be embarrassing,” said Charles Lichfield, deputy director of the Geoeconomics Center of the Atlantic Council.

The three days of meetings will include many of the recent discussion subjects, including support for Ukraine, concerns about economic practices and China’s opposite winds faced by the global economy. However, Mr. Trump’s commercial tactics, which many economists consider the greatest threat to global economic stability, will dominate discussions between the Treasury Secretary Scott Bessent and his counterparts.

Mr. Bessent, who jumped a rally from the group of 20 finance ministers in February, will appear for the first time at the International Forum and at a particularly tenuous moment.