Summary: G7 countries are discussing tariffs on low-value Chinese products, particularly from platforms like Temu and Shein, to address overcapacity and non-market practices. The agenda also includes revising the price cap on Russian oil, with Ukraine pushing for a lower cap to impact Russia’s economy.

Link: https://www.businesstimes.com.sg/international/g7-countries-discussing-de-minimis-tariffs-chinese-goods