‘Good progress’ possible on tariffs at G7 leaders’ meeting: UK’s Hammond

WHISTLER, British Columbia (Reuters) – G7 finance ministers meeting in Canada have laid the groundwork for progress to be made next week on resolving concerns about U.S. steel and aluminum tariffs, British finance minister Philip Hammond said on Saturday.

Asked if he was confident there would be a deal on tariffs when G7 heads of government meet in Quebec next week, Hammond told Reuters: “I’m confident that there will be a discussion on it and I hope they will make some good progress – we have prepared the ground for that.”

On Friday, some of the United States’ closest allies attacked the Trump administration for imposing tariffs on steel and aluminum imports and mounted challenges with the world’s top trade body, fouling the mood at the G7 finance ministers’ meeting.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.