The G7 summit is scheduled to take place in Biarritz, a French resort city, from 24-26 August and bring together the European Union and representatives of the world's seven largest economies, namely Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.
While the official theme of this year’s summit is the fight against inequality and the advancement of universal access to social welfare, the meeting takes places amid a new escalation in the US-China trade war. On Friday, President Donald Trump announced that the US would increase tariffs by another five percent on $550 billion worth of Chinese goods that are already being taxed in response to Beijing's latest retaliatory measures.
