A Group of Seven summit this weekend in France is\nlikely to end without a joint communique because of gaps between member states\non trade, a Japanese government official said on Tuesday.<\/p>\n\n\n\n
This will be the first time that the G7 summit may end\nwithout a statement since the meetings began in 1975, underscoring the rift\ncaused by US President Donald Trump’s trade policies among the G7 advanced\neconomies.<\/p>\n\n\n\n
“It’s crucial for everyone to create a common\nunderstanding through thorough debate. But it’s hard to deliver messages to the\nrest of the world when a communique isn’t going to be issued,\u201d an official\nsaid, confirming a previous NHK report that there was no plan yet to issue a\nstatement after the G7 meeting.<\/p>\n\n\n\n
The summit, to be held in the southwestern French city of\nBiarritz on Aug. 24-26, comes at a time when the US-China trade war and\nvolatile financial markets are putting pressure on policymakers to step up\nefforts to avert a global recession.<\/p>\n\n\n\n
Finding common ground among allies has become increasingly\ndifficult at the annual summit with the United States, which is even more\nsuperior in its approach to trade and environment disputes. Last year, Trump\nthrew G7\u2019s efforts to show a united front by leaving early and backtracking on\na joint statement, undermining what appears to be a fragile consensus on the\ntrade dispute between Washington and its key allies.<\/p>\n\n\n\n
Trump has expressed a preference for bilateral trade\nagreements over multilateral agreements and is engaged in a long trade war with\nChina. He also took the United States out of the historic Paris Agreement to\nlimit the effects of climate change on European opposition.<\/p>\n\n\n\n
As chair of the Group of Seven this year, France is keen to\nmake progress in a global debate on the taxation of digital giants. However,\nleaders are unlikely to break new ground at the summit, the official added.<\/p>\n\n\n\n
The G7 groups are the United States, France, Britain, Japan,\nGermany, Italy, Canada and the European Union.<\/p>\n","protected":false},"excerpt":{"rendered":"
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