RATE Group | Cryptocurrencies, digital tax top the agenda for G-7 meeting
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Cryptocurrencies, digital tax top the agenda for G-7 meeting

Cryptocurrencies, digital tax top the agenda for G-7 meeting

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Finance officials from the Group of Seven rich democracies will weigh risks from new digital currencies and debate how to tax tech companies like Google and Amazon when they meet this week in the Paris suburb of Chantilly.

Those two issues, raised by the impact of the digitalization on the world economy, are at the top of the agenda for the gathering Wednesday and Thursday, hosted by French Finance Minister Bruno Le Maire and including U.S. Treasury Secretary Steven Mnuchin.

Hanging over the ministers as they hold a working dinner Wednesday in the chateau at Chantilly: slowing global growth and the America-first trade policies of U.S. President Donald Trump that have led to a tariff war with China and tensions with Europe. The G-7 includes European countries Germany, France, Britain and Italy, plus Canada and Japan.

Europe and the U.S. have exchanged a limited number of tariffs but Trump has threatened more damaging ones on European auto imports in an attempt to renegotiate…

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