Quotes
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
Intentional policy choices by other countries have hollowed out America’s manufacturing sector and undermined our critical supply chains, putting our national and economic security at risk,
Bessent said in a speech last month during the IMF and World Bank meetings_(cropped).jpg)
The message from colleagues is pretty clear is that a free and fair and a rules-based multilateral trading system, is a system in which we all win,
Francois-Philippe Champagne, Canada’s minister of finance, said TuesdayIn the hallways, they’re going to talk about nothing but tariffs and the dollar,
said Steven Kamin, a senior fellow at the American Enterprise Institute and former senior economist at the Federal ReserveIf you’re looking for something to engender a just and lasting peace, oil sanctions are the place to look,
he saidWe need to go back to basics: the G7 has always played an important role on the macroeconomic level, and brought impetus to the global economy,
said Champagne, who invited his Ukrainian counterpart Sergii Marchenko to open the meetings Tuesday
The G7 has always been at the heart of major global issues, and it's up to us to take up this challenge,
he said in an interviewI think to deliver for the citizens that we represent, our mission is really about restoring stability and growth,
Champagne said
But at the same time, there's a lot we can achieve together,
Champagne saidNo one expects this to be a big moment where the US declares that for G7 and other partners there will be a special regime that's more favorable,
said Charles Lichfield, deputy director of the Atlantic Council's GeoEconomics Center in Washington
We're also going to talk about what we're going to be doing in terms of reconstruction,
he said in a joint press conference with Ukrainian counterpart Sergii MarchenkoThe G7 must work together to protect our workers and firms from China's unfair practices,
the spokesman addedA possible metric for success is that the US wants to engage and negotiate a trade deal with these countries,
said Ananya Kumar, a deputy director at the Atlantic Council, a Washington-based think tank
At the same time, as the largest single market in the world, we are determined to defend our interests,
Klingbeil said of the EU
Tariffs and uncertainties are a burden on our economy and therefore also on job security,
Klingbeil said in Berlin before leaving for a G7 finance ministers meeting in Banff, CanadaThe trust, unity and cohesion that has bound the re-energized G7 of recent years is now gravely at risk,
said Mark Sobel, who served at the Treasury Department for nearly four decades
I think it’s going to be awkward,
said Charles Lichfield, deputy director of the Atlantic Council’s GeoEconomics Center
The big question facing the global economy is effectively a self-inflicted wound,
said Jay C. Shambaugh, who served as the Treasury under secretary for international affairs in the Biden administrationAmerica First does not mean America alone,
Mr. Bessent saidI would expect that everyone would come and negotiate in good faith,
Mr. Bessent said on NBC’s “Meet the Press,” warning that