Trump to focus on AI, minerals, energy, trade at G-7 - official

Trump to focus on AI, minerals, energy, trade at G-7 - official

President Donald Trump will arrive in Canada on Sunday for the Group of Seven (G7) summit, where he is expected to focus on several key issues, including artificial intelligence (AI), minerals, energy, and trade. The summit, hosted by Canadian Prime Minister Justin Trudeau, will be held in the resort town of Kananaskis, Alberta, in the Canadian Rockies [1].

Trump's visit comes amidst ongoing trade tensions with Canada and other G7 members. He has previously suggested that Canada should be annexed and has imposed tariffs on various countries, including those in the G7 [1]. This year's summit is expected to be marked by the absence of a joint communiqué, a tradition that has been abandoned by Trudeau [1]. Instead, leaders will release standalone joint leaders' statements on various topics.

Trump is anticipated to emphasize the importance of AI in shaping the global economy and discuss the potential benefits and challenges it presents. He has previously expressed support for AI initiatives and has called for investments in AI research and development [1]. Additionally, Trump is likely to discuss the strategic importance of minerals, particularly those critical to the production of AI components and renewable energy technologies [1].

Energy will also be a significant topic of discussion at the summit. Trump has been a vocal proponent of U.S. energy independence and has sought to promote American energy exports. He is expected to advocate for increased energy cooperation among G7 members and discuss the role of energy in economic growth and national security [1].

Trade is another key issue that will be on the agenda. Trump has imposed tariffs on various countries, including G7 members, in an effort to balance trade relations. He has also suggested that Canada should be annexed, a statement that has infuriated Canadians [1]. The summit is expected to be marked by discussions on trade policies, tariffs, and the potential impact of trade tensions on the global economy [1].

The G7 summit is also expected to discuss other global issues, such as climate change and security. However, these topics may take a backseat to the more pressing economic and trade issues that Trump is likely to prioritize [1]. The summit will be attended by world leaders, including Ukrainian President Volodymyr Zelenskyy and Mexican President Claudia Sheinbaum, among others [1].

In conclusion, the upcoming G7 summit in Canada is expected to be a significant event, with President Trump focusing on AI, minerals, energy, and trade. The summit is likely to be marked by ongoing trade tensions and a departure from the traditional joint communiqué. Investors and financial professionals should closely follow the discussions and statements that emerge from the summit to gauge their potential impact on global markets and economic policies.

References:
[1] https://apnews.com/article/g7-summit-trump-canada-78d15f2ac5e59059ec538ec8de04a547
[2] https://www.npr.org/2025/06/12/nx-s1-5407560/trump-g7-canada