The president insists conflict with Iran will be brief, but world leaders are preparing for severe economic blowback.
Category: Group of Seven
-
Record Debt in the World’s Richest Nations Threatens Global Growth
The cost of borrowing is already choking crucial public spending in many developing economies. Now it’s raising broader alarms.
-
Trump Administration Tells Congress to Kill ‘Revenge Tax’ From Policy Bill
Treasury Secretary Scott Bessent said the Group of 7 agreed that penalties related to a 2021 “global minimum tax” deal will not apply to American companies.
-
Investors Brace for Oil Market Fallout From Israel and Iran’s Fight
Energy prices have jumped since the onset of clashes between Israel and Iran. Investors worry the conflict could have a big economic consequences.
-
As Trump Returns to G7, Rift With Allies Is Even Deeper
In 2018, the president called for the group to embrace Russia and stormed out of the summit. Now he is seeking to shrink America’s military role abroad and embarking on a more expansive trade war.
-
Republican Bill Could Set Off Global Tax Fight
Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict.
-
G7 Officials Gather Amid Headwinds From Trump’s Trade War
Treasury Secretary Scott Bessent will meet his international counterparts at a G7 finance ministers meeting in Canada.
-
I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats
The International Monetary Fund said protectionism and new trade wars could weigh on growth.
-
I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats
The International Monetary Fund said protectionism and new trade wars could weigh on growth.