President Trump is in Canada this morning, meeting with world leaders at the G7 Summit.
Talks around tension in the Middle East will likely dominate the gathering, but President Trump brought along key officials hoping to talk trade during the three-day event.
The President arrived in Alberta last night, and he is joined by Treasury Secretary Scott Bessent, who just returned from trade talks with China in London last week. On their agenda is a meeting with Canadian Prime Minister Mark Carney. In recent days, Bessent has said those discussions are on a more sustainable path.
Other key U.S. trade partners will be there, including leaders from France, Italy, Germany, and Britain.
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China will reduce its tariffs from 125% to 10%. In return, the U.S. will lower tariffs on most Chinese goods from 145% to 30%.
