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US Treasury's Bessent to attend G7 finance meeting, focus on imbalances

Published by Global Banking & Finance Review

Posted on May 18, 2025

1 min read

· Last updated: January 23, 2026

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US Treasury's Bessent to attend G7 finance meeting, focus on imbalances
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US Treasury's Bessent to Address G7 on Trade Imbalances

WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent will attend the Group of Seven finance leaders' meeting in Canada next week and will seek to refocus the group on addressing trade imbalances and non-market economic practices, a Treasury spokesperson said on Sunday.

Bessent will join fellow G7 finance ministers and central bank governors in the Rocky Mountain resort town of Banff, Alberta. The Treasury spokesperson said Bessent also will discuss with these officials ways to generate more growth led by the private sector. The G7 includes Canada, the U.S., Japan, Germany, France, Britain and Italy.

(Reporting by David Lawder; Editing by Rod Nickel)

Key Takeaways

  • Scott Bessent to attend G7 finance meeting in Canada.
  • Focus on trade imbalances and non-market practices.
  • Discussion on private sector-led growth.
  • Meeting includes finance ministers and central bank governors.
  • G7 countries: Canada, US, Japan, Germany, France, Britain, Italy.

Frequently Asked Questions

What is the main topic?
The main topic is the G7 finance meeting where US Treasury Secretary Scott Bessent will focus on trade imbalances and private sector growth.
Who will attend the G7 meeting?
Scott Bessent, along with other G7 finance ministers and central bank governors, will attend the meeting in Banff, Alberta.
What are the key issues to be discussed?
Key issues include trade imbalances, non-market economic practices, and strategies for private sector-led growth.

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