November 21, 2024

Tag: ECB

G6+1/G7 summit in Canada: focus on trade (war) > 06.06.2018 Highlights

G7 Summit

Although the G7 summit official agenda does not explicitly mentions it, trade war, US tariffs and climate change will lead the talks. Recently Trump decided to impose 10% and 25% tariff on imported steel and aluminum, respectively, from EU, Canada and Mexico. The response on the part of once US allies was instant. Such differences on core issues may result to absence of the usual joint communique for the first time in G7 history.

LQDFXperts Highlights 07.05.2018

WORLD Trump is expected to pull United States out of the 2015 Iran nuclear Deal, officially called Joint Comprehensive Plan of Action, on May 12th, which is the deadline given by the US President to the European allies to fix the flaws of the accord, which lifted international sanctions against Iran in exchange for curbing its nuclear program.