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World’s seven wealthiest countries agree to counter China’s trade practices

The GuardianThursday, May 22, 2025 at 8:35:26 PM
World’s seven wealthiest countries agree to counter China’s trade practices
The G7—a club of the world's richest democracies—just put aside their usual squabbles (like fights over U.S. tariffs) to take a subtle but clear shot at China. Their finance bigwigs, meeting in Canada, promised to tackle "economic imbalances" in global trade without directly naming Beijing. Translation: they’re teaming up to push back against China’s controversial trade tactics, like flooding markets with cheap exports.
Editor’s Note: This isn’t just diplomatic noise—it’s a signal that Western powers are getting serious about countering China’s economic influence, even if they’re avoiding a full-on confrontation. For everyday folks, it could mean more trade wars, higher prices, or shifts in where your gadgets and goods come from. Buckle up.
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