Key facts
- President Trump will discuss the U.S. trade deficit at the G-7 summit.
- French hosts intend to address global economic imbalances.
- French President Emmanuel Macron wants the G7 summit to address subsidized Chinese exports.
- Concrete actions on subsidized Chinese exports are unlikely to be achieved at the summit.
President Trump is set to make the substantial U.S. trade deficit a key talking point when he meets with world leaders at the upcoming G-7 summit. The summit's French hosts also plan to place global economic imbalances on the agenda for discussion among the group of major industrialized nations. French President Emmanuel Macron specifically wants the summit to address the flood of subsidized Chinese exports that are disrupting global markets. However, it is evident that concrete actions on this issue will not be achieved during the summit.