G7's Critical Minerals Strategy Amid Trade Challenges
G7 trade ministers, led by French trade minister Nicolas Forissier, will address securing critical minerals supply chains and tackling industrial overcapacity. The meeting also anticipates the main G7 summit and US-EU tariff tensions, key for Germany's economy struggling with global challenges.
G7 trade ministers are set to focus on securing critical minerals supply chains in an upcoming meeting, according to French trade minister Nicolas Forissier.
The discussion highlights the importance of reducing dependency on nations that dominate mineral markets and will also cover industrial overcapacity issues.
This critical meeting precedes a larger G7 summit and occurs amid rising US tariffs on EU cars, which are key issues for the heavily export-dependent German automotive sector.
(With inputs from agencies.)
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