The G-7 Is Outdated. But It Still Matters

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It’s easy to dismiss the G-7, a club of wealthy democracies set up in 1975 to coordinate trade and global economic policy. This year's summit —held on June 15-17 in Kananaskis, Canada—comes at a time when U.S. President Donald Trump is upending the global economy with tariffs and has repeatedly threatened to make the host nation America’s “51st state.” The G-7 is also an anachronism. It was set up five decades ago to include the world's largest economies, but today China and India, two economic

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The G-7 Is Outdated. But It Still Matters http://time.com - 14.06.2025 13:32

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The G-7 Is Outdated. But It Still Matters http://time.com - 14.06.2025 13:32