G7 crisis talks and EU-US trade tensions

Global tensions are high as G7 finance ministers meet in Paris today amid fears over the economic fallout from the Middle East conflict. Donald Trump says he is holding off on strikes against Iran for now, but markets remain nervous over energy prices and inflation. Brussels is also unveiling a new Fertiliser Action Plan to support European farmers facing supply disruptions, while pressure grows for exemptions from the EU’s carbon border tax rules.

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