Merkel: G7 agree on commitment to rules-based trade

Merkel: G7 agree on commitment to rules-based tradeGerman Chancellor Angela Merkel said Saturday that G7 leaders had agreed on the wording of a common statement at their ongoing summit which would include a commitment to a “rules-based” trade framework. “By any reckoning we will have a final communique,” Merkel told journalists on the final day of the summit in Canada, which has been held amid anger towards the US for imposing tariffs on allies, circumventing the World Trade Organization (WTO) in the process. The German leader said there was “a common conviction” about the need for changes to the WTO, although it was not immediately clear if there would a clear call for reform in the final statement.

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