Long treated as a photo opportunity for the leaders of Western democracies, the G7 has had a new lease of life ever since the Russian invasion of Ukraine. With so many G20 members at each other’s throats, the G7  has proved to be a useful vehicle to align against military aggression and the economic threats to Western business and technological primacy. At this weekend’s Summit, G7 leaders will issue a stinging critique of China’s trade practices, following the announcement of new EV tariffs levied by the European Commission on Wednesday. Simon Evenett, Ana Elena Sancho Calvino, and Fernando Martín Espejo from the St. Gallen Endowment for Prosperity Through Trade join IMD to discuss them. **** Simon J. Evenett is currently a Professor of Economics at the University of St. Gallen and on 1 August 2024 will join the Faculty at IMD. He is also  Co-Chair of the WEF’s Global Council on Trade & Investment and the Founder of the St. Gallen Endowment for Prosperity Through Trade, home of two of the leading independent monitors of how governments shape international business. Elena Sancho is Associate Director at Global Trade Alert, one of St Gallen’s influential initiatives that provides unbiased information about international policy developments.  Fernando Martín Head of Analytics at Global Trade Alert.