At the G7 summit in Canada, Prime Minister Keir Starmer and US President Donald Trump formally approved a UK‑US trade deal targeting aerospace and automotive sectors.

US President Donald Trump announced the signing of the UK-US trade deal, highlighting its potential to create jobs and boost income in both nations.

Analysts warn that Section 899 of the “One Big Beautiful Bill”—Donald Trump’s proposed retaliatory tax on foreign entities—could deter investment by imposing a tax starting at 5 %, rising to 20 %, on companies from countries that levy “unfair” taxes on US entities.

President Trump has rejected an Israeli plan to assassinate Iran’s Supreme Leader, Ayatollah Ali Khamenei—a proposal reportedly vetoed after he asked, “Have the Iranians killed an American yet?”.

The 51st G7 Summit kicked off on 16–17 June 2025 in Alberta, hosted by Canadian PM Mark Carney, marking Canada’s second summit here since 2002. 

The G7 summit in Kananaskis, Canada, is primarily focused on the Israel-Iran conflict, with leaders seeking de-escalation amidst ongoing global crises.