G7 finance ministers to discuss low-cost shipments from China as EU mulls fee

Open this photo in gallery: Canadian Finance Minister Francois-Philippe Champagne holds a press conference during the G7 finance ministers and central bank governors meeting in Banff, May 20, 2025.Todd Korol/Reuters The G7 has begun discussing low-cost shipments coming from China, Finance Minister Francois-Philippe Champagne said as the U.S. cracks down on online retailers and the European Union looks at imposing a fee on small packages. Mr. Champagne kicked off the G7 meeting of finance ministers and central bankers in Banff, Alta. on Tuesday with a news conference alongside his Ukrainian counterpart. Mr. Champagne was asked whether Canada wants to impose…