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StockWaves > Global Markets > G7 leaders collect in Canada for summit overshadowed by disaster
Global Markets

G7 leaders collect in Canada for summit overshadowed by disaster

StockWaves By StockWaves Last updated: June 15, 2025 8 Min Read
G7 leaders collect in Canada for summit overshadowed by disaster
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Contents
Trump is summit’s wild card‘He tends to be a bully’Zelenskyy anticipated to satisfy Trump

The flags of Canada, France, Germany, Italy, Japan, the UK, the US, and the European Union forward of the Group of Seven (G-7) Leaders’ Summit in Banff, Alberta, Canada, on Saturday, June 14, 2025.

Bloomberg | Bloomberg | Getty Pictures

Leaders of a number of the world’s largest financial powers will arrive within the Canadian Rockies on Sunday for a Group of Seven summit overshadowed by a widening struggle throughout the Center East and U.S. President Donald Trump’s unresolved commerce struggle with allies and rivals alike.

Israel’s strikes on Iran and Tehran’s retaliation, which appeared to catch many world leaders unawares, is the most recent signal of a extra risky world as Trump seeks to withdraw the U.S. from its function as world policeman.

Talking on a flight to Canada to attend the summit, British Prime Minister Keir Starmer mentioned he had mentioned efforts to de-escalate the scenario with Trump and Israeli Prime Minister Benjamin Netanyahu, in addition to different world leaders.

Britain is sending Royal Air Power jets and different army reinforcements to the Center East.

“We do have longstanding considerations in regards to the nuclear program Iran has. We do acknowledge Israel’s proper to self-defense, however I am completely clear that this must de-escalate. There’s a big threat of escalation for the area and extra broadly,” Starmer mentioned, including he anticipated “intense discussions” would proceed on the summit.

Trump is summit’s wild card

As summit host, Canadian Prime Minister Mark Carney has determined to desert the annual apply of issuing a joint assertion, or communique, on the finish of the assembly.

With different leaders wanting to speak to Trump in an effort to speak him out of imposing tariffs, the summit dangers being a sequence of bilateral conversations relatively than a present of unity.

Trump is the summit wild card. Looming over the assembly are Trump’s inflammatory threats to make Canada the 51st state and take over Greenland. French President Emmanuel Macron is making a extremely symbolic cease in Greenland on his strategy to Canada, assembly the Arctic territory’s chief and Denmark’s prime minister aboard a Danish helicopter service.

Macron, who is among the only a few leaders to have recognized Trump throughout his first time period, was the primary European chief to go to the White Home after Trump took workplace, rising unscathed from the Oval Workplace encounter.

However regardless of the 2 leaders’ sporadic bromance, Macron’s method to Trump has didn’t bear main outcomes, with France caught up within the president’s deliberate tariffs on the European Union.

Nor did it carry any U.S. safety ensures for Ukraine regardless of Macron’s efforts, along with Starmer, to construct a coalition of countries that would deploy forces after any ceasefire with Russia, with the hope it could persuade the Trump administration to supply backup.

Trump is scheduled to reach late Sunday in Kananaskis, Alberta. Bilateral conferences between different leaders are doable Sunday, however the summit program doesn’t get underway till Monday.

Peter Boehm, Canada’s sherpa of the 2018 G7 summit in Quebec and veteran of six G7 summits, expects the heads of state to pivot dialogue to commit extra time to the struggle.

“Leaders can accommodate a dialogue, even perhaps a press release,” Boehm mentioned. “The overseas coverage agenda has turn into a lot bigger with this.”

‘He tends to be a bully’

Leaders who will not be a part of the G7 however have been invited to the summit by Carney embrace the heads of state of India, Ukraine, Brazil, South Africa, South Korea, Australia, Mexico and the UAE. Avoiding tariffs will proceed to be prime of thoughts.

“Leaders, and there are some new ones coming, will need to meet Donald Trump,” Boehm mentioned. “Trump does not like the large spherical desk as a lot he likes the one-on-one.”

Bilateral conferences with the American president could be fraught as Trump has used them to attempt to intimidate the leaders of Ukraine and South Africa.

Former Canadian Prime Minister Jean Chrétien instructed a panel this week that if Trump does act out, leaders ought to ignore him and stay calm like Carney did in his latest Oval Workplace assembly.

“He tends to be a bully,” Chrétien mentioned. “If Trump has determined to make a present to be within the information, he’ll do one thing loopy. Let him do it and hold speaking usually.”

Starmer had a heat Oval Workplace assembly with the president in February, wooing Trump with an invite for a state go to from King Charles III. Trump has praised the British prime minister, regardless of their political variations.

Zelenskyy anticipated to satisfy Trump

Final month Britain and the U.S. introduced they’d struck a commerce deal that can slash American tariffs on U.Ok. autos, metal and aluminum. It has but to take impact, nevertheless, although British officers say they aren’t involved the Trump administration may return on its phrase.

Starmer’s makes an attempt to woo Trump have left him in an ungainly place with Canada, the U.Ok.’s former colony, shut ally and fellow Commonwealth member. Starmer has additionally drawn criticism — particularly from Canadians — for failing to deal with Trump’s said need to make Canada the 51st state.

Requested if he has instructed Trump to cease the 51st state threats, Starmer instructed The Related Press: “I am not going to get into the exact conversations I’ve had, however let me be completely clear: Canada is an unbiased, sovereign nation and a much-valued member of the Commonwealth.”

The struggle in Ukraine might be on the agenda. President Volodymyr Zelenskyy is because of attend the summit and is anticipated to satisfy with Trump, a reunion coming simply months after their bruising Oval Workplace encounter which laid naked the dangers of getting a gathering with the U.S. president.

Starmer met with Carney in Ottawa earlier than the summit for talks targeted on safety and commerce, within the first go to to Canada by a British prime minister for eight years.

German officers had been eager to counter the suggestion that the summit can be a “six in opposition to one” occasion, noting that the G7 nations have loads of variations of emphasis amongst themselves on numerous points.

“The one the issue you can’t forecast is what the president of the US will do relying on the temper, the should be within the information,” mentioned Chrétien.

____

Lawless contributed to this report from Ottawa, Ontario. AP reporters Josh Boak in Calgary, Alberta, Mari Yamaguchi in Tokyo, Sylvie Corbet in Paris, Geir Moulson in Berlin and Nicole Winfield in Rome additionally contributed to this report.

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