Canada's annual inflation rate in April drops to 1.7%, but core measures rise

Trade disputes should be resolved as quickly as possible, Germany says ahead of G7

BERLIN (Reuters) -Ongoing trade disputes with the United States should be resolved as quickly as possible for the benefit of all, German Finance Minister Lars Klingbeil said on Tuesday, ahead of meeting his counterparts from other Group of Seven countries. "Tariffs and uncertainties are a burden on our economy and therefore also on job security," Klingbeil said in Berlin before leaving for a G7 finance ministers meeting in Banff, Canada. The Trump administration has imposed a 25% tariff on U.S. imports of steel, aluminium and cars, as well as a baseline 10% tariff on almost all countries, with additional "reciprocal" tariffs - making for a combined 20% in the EU's case - lined up if negotiations during a 90-day pause fail.

Reuters

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Canada's annual inflation rate in April drops to 1.7%, but core measures rise

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