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G7 in Canada amid trade war and geopolitical crisis: Carney’s debut as premier

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Published

7 mesi ago

12 Marzo 2025

Bre-news

The first meeting under the Canadian presidency kicks off in Charlevoix: focus on tariffs, Ukraine and Gaza. Ottawa’s new leader, Mark Carney, confronts Trump and relaunches Canada’s role

Canada hosts the G7 Foreign Ministers’ Meeting from today until Friday in Charlevoix, Quebec, the first major meeting under Ottawa’s presidency. The country is shaken by an intense trade war with the United States, which is imposing tariffs on steel and aluminium imports, but also by strong geopolitical tensions, including the conflict in Ukraine and the crisis in Gaza. This event also marks the international debut of Mark Carney, Canada’s new prime minister, who succeeded Justin Trudeau after his victory as leader of the Liberals.

Trade tensions between Canada and the United States
The trade war with the United States is one of the main dossiers on the G7 table. The Trump administration has threatened Canada with new tariffs, aiming to revise trade agreements and expand its economic influence. However, Carney has declared that Canada is ready to resist, emphasising its desire to protect its industries and workers. Trump’s populist rhetoric has given new impetus to the Canadian Liberal Party, but has also accentuated the distance between the two countries.

Crisis in Ukraine and strained transatlantic relations
The meeting between the foreign ministers is also dominated by the search for a solution to the conflict in Ukraine, which has seen a gradual estrangement between the US and Europe. The US secretary of state, Marco Rubio, held preliminary talks with a Ukrainian delegation and obtained an agreement for a 30-day truce. However, relations between Washington and Kiev remain fragile, with Trump seeming to move ever closer to Russia.

Gaza dossier and international balances
The G7 will also discuss the situation in Gaza, with Israel and Hamas trying to negotiate a solution for the future of the enclave. While Israel aims to extend the truce, Hamas is pushing for a complete military withdrawal. On this delicate front, the last word may rest with Trump, whose role remains central in defining the balance in the region.

Canada resists, Carney’s challenge
Mark Carney, former Governor of the Canadian Central Bank, inherited a complex situation and internal and external challenges. In his victory speech, he warned the United States not to underestimate Canada. Now, as prime minister, he will find himself guiding the country through a delicate period of trade tensions and global crises, trying to cope with Trump’s pressure and maintain a central role on the international stage.

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