G7 decries 'economic coercion' in swipe at China

The trade ministers of the Group of Seven leading industrialised nations criticised Wednesday "economic coercion" by placing arbitrary restrictions on exports, particularly critical minerals, in a clear swipe at China. "We express our grave concerns regarding economic coercion, including coercion through arbitrary export restrictions that may lead to supply chain disruptions, notably for critical minerals, and undermine economic security and resilience," the ministers said.