Canadian officials to the customs tariff discussions in Group 7, hint that “excessive capacity” may exist

The Governor of Canada Bank (BOC) gave Tif McLim and Canadian Finance Secretary Francois Philip on Thursday, where they reviewed their experiences in the Group of Seven this week. Both officials admitted that widespread discussions were held on American definitions, but they warned that “extra capacity” may be on the other side of the United States taxes, which is the most beautiful possible way for economists to say that the demand for goods in the afternoon environment may be very low to support the growth of the global economy.

Shedding light on champagne

• Al -Shambania pointed out that the post -birth statement approved all the financial ministers of the Central Banking and the banks, stressed the importance of the G7 unit, although not “dilution” to clarify the US Treasury Secretary Scott Payet.
• A large part of the Group of Seven meeting focused on US employment discussions, specifically on the definitions. However, the conversations were generally constructive, as the participants agreed that the “extra capacity” was still a problem facing the high import taxes imposed by the United States.
• According to the Canadian Shampania, the Group 7 ministers have more work that they have to do in addressing the supply chain problems, as well as repressing financial crimes and serious growth policies.

Macklem key is the most prominent

• BOC Governor McClem gave a tone similar to Shampian Vinmin, noting that the discussions of the Seven Group were constructive. Macklem also revealed that Group 7 has successfully convinced the International Monetary Fund (IMF) to take more work to deal with global financial imbalances.
• However, Governor McLeim indicated that despite positive discussions and continuous progress in trade, the Canadian economy is still ready to take a blow from the United States.
• Canadian GDP growth is expected to be (gross domestic product) and total consumption compared to the first quarter after definitions caused the impact of clouds in import markets.