Brazilian President Jair Bolsonaro hit back at French leader Emmanuel Macron, after he urged dialogue among G-7 leaders on the rising number of fires in the Amazon rainforest.
The U.S. dollar dropped broadly on Friday after President Donald Trump ordered U.S. companies to start looking for an alternative to China after Beijing imposed more tariffs on American goods.
Gold inched lower on Thursday after comments from U.S. Federal Reserve officials dampened hopes for additional monetary easing, although investors awaited further clarity from the central bank chief at the Jackson Hole symposium.
The annual summit brings together the leaders of Britain, Canada, France, Germany, Italy, Japan and the United States.
Experts believe a wider spat with Europe would be much more damaging than the current tit-for-tat with China.
Gold edged lower as equities gained and investors awaited minutes from the U.S. Federal Reserve's July meeting for clues on future interest rate cuts.
Gold fell about 1% on Friday as the dollar firmed and investors took profits after prices briefly surpassed $1,450 to hit a six-year peak on dovish signals from the U.S. Federal Reserve and is still on course for a second week of gains.
"Right now we're having principal-level calls and to the extent that it makes sense for us to set up in-person meetings, I would anticipate that we would be doing that," U.S. Treasury Secretary Steven Mnuchin told Reuters.
PARIS, June 21- France will set up a G7 taskforce on "stable coin" projects, including Facebook's planned Libra cryptocurrency, that will be led by European Central Bank board member Benoit Coeure, France's central bank Governor Francois Villeroy de Galhau said on Friday. France currently holds the G7 presidency. As Villeroy spoke, Bank of England Governor Mark...
Italy has signed a memorandum of understanding with China in support of Beijing's "Belt and Road" initiative, which aims to weave a network of ports, bridges and power plants linking China with Africa, Europe and beyond.
President Trump and Italian Prime Minister Giuseppe Conte have a joint press conference after their meeting at the White House on Monday.
President Donald Trump answers question about the G-7 meeting and why he thinks the U.S. is being taken advantage of in trade agreements.
Rainer Michael Preiss of Taurus Wealth Advisors says the global "reordering" of trade is "only now starting."
The events at the G-7 summit may have weakened President Trump heading into the summit with North Korean leader Kim Jong Un, says former diplomat Nick Burns.
The O'Shares chairman says he's making a two-pronged bet on Canada's future prosperity on what he sees as a conservative groundswell.
Bruce Heyman, former U.S. ambassador to Canada, weighs in on the fallout from President Trump's trade agenda amid growing tensions with Canada.
CNBC's Kayla Tausche reports on the aftermath of the G-7 meeting as criticism continues between President Trump and Canadian Prime Minister Justin Trudeau.
CNBC's Kayla Tausche reports on the aftermath of President Trump's meeting with other G-7 members on trade.
Trump's call for Russia to be invited back to the G-7 "basically erodes or implodes" the values-based order of the summit, says Heather Conley.
CNBC's Kayla Tausche reports the G-& countries have agreed to work to prevent election tampering in the future.