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World’s seven wealthiest countries agree to counter China’s trade practices
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The G7—made up of the world’s seven richest democracies—has put aside internal squabbles over U.S. tariffs to take a unified stance against what they see as unfair trade practices, widely understood to be targeting China. While they didn’t name China directly, their pledge to tackle "economic imbalances" is a clear nod to concerns like dumping, subsidies, and market distortions. The fact they reached any agreement at all is notable, given earlier doubts about discord among the group.
Editor’s Note: This isn’t just bureaucratic posturing—it signals a hardening stance by major economies against China’s trade tactics, which they argue tilt the playing field. For businesses and consumers, it could mean more trade tensions (think tariffs or supply chain shifts), but it also shows the G7 trying to flex collective muscle in a global economy where China’s influence keeps growing. Watch for ripple effects in markets and diplomacy.

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