Global trade war dominates agenda for Group of Seven finance ministers meeting in Banff

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Open this photo in gallery: U.S. Treasury Secretary Scott Bessent testifies at an oversight hearing on Capitol Hill in Washington, on May 6. Mr. Bessent wants to refocus discussions at Banff to addressing trade imbalances and non-market economic practices, a Treasury spokesperson told Reuters on Sunday.Jose Luis Magana/The Associated Press Finance ministers from Group of Seven industrialized countries gather in Banff on Tuesday as they seek to de-escalate a global trade war launched by Donald Trump while Washington tries to steer discussion to what it considers unfair commercial practices. The three-day meeting in the Alberta resort town is a prelude...