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G7: Trump triumphs, Macron wins, Meloni mends fences. But the uninvited guest is Xi

Peace with the tycoon and the agreement with Iran mark the summit’s success. Zelensky is hoping for a breakthrough. The G7’s alliance with partner countries, from India to the UAE, from Brazil to Egypt

from our correspondent in Évian-les-Bains Manuela Perrone

U.S. President Donald Trump, Italian Prime Minister Giorgia Meloni and French President Emmanuel Macron during the G7 summit in Evian-les-Bains, France, June 16, 2026. REUTERS/Evelyn Hockstein REUTERS

4' min read

Translated by AI
Versione italiana

4' min read

Translated by AI
Versione italiana

“I am the boss”. On the final day of the G7 summit in Évian-les-Bains, it was Donald Trump who crowned himself the undisputed winner of the summit. He is indeed the victor in practical terms, having been preceded by the announcement of the first agreement between the US and Iran, but he was able to count on the decisive support of Emmanuel Macron, the other winner who courted him by offering the Palace of Versailles to celebrate his 80th birthday inthe pomp and splendour so beloved by the tycoon, whilst absorbing – without rising to the provocation – the blow of the new tariffs on wines and champagne announced by the American president before he even arrived on the shores of Lake Geneva. Grandeur and savoir-faire: the art of diplomacy has struck again. In the midst of it all, Giorgia Meloni is content: the Italian Prime Minister can return to Rome satisfied, celebrating the thaw in relations with both after weeks of misunderstandings.

From the bench in Kananaskis to the sofa at the Hotel Royal

From Italia’s perspective, this is the main outcome. An official bilateral meeting with Trump could have marked a complete thaw following the President’s attacks on Meloni and the Pope and the chill that had settled over relations between Rome and Washington. But there was no shortage of opportunities for a ‘serious’ discussion on the challenges of the coming months – as the Prime Minister put it – alongside the light-hearted banter. This relaxed atmosphere allowed the Prime Minister to speak of an ‘unchanged relationship’. And never mind that the famous conversation on the wooden bench at the Canadian G7 summit in Kananaskis to the conversation captured on a sofa at the Royal Hotel in Évian, the relationship is no longer quite so “special”. It could have been much worse. And having stepped down from her role as a bridge-builder and the tycoon’s privileged interlocutor – a figure who is also unpopular with the Italian public – may even prove useful to Meloni in the run-up to the election.

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Macron and the credit for a hard-won medal

Macron’s victory is indisputable: he has succeeded in transforming a potentially explosive G7 summit, plagued by multiple crises, into the first real moment of renewed harmony amongst the leaders of the world’s seven major economies. Bringing them back together on key issues, from Ukraine (against Putin) to the Middle East, from critical minerals to the fight against global macroeconomic imbalances, and from artificial intelligence to migration. This unity allows Meloni (who will meet face-to-face with the French president at Italia-Francia bilateral meeting scheduled for 25 June in Antibes) to once again emphasise the importance of the ‘unity of the West’, the mantra that has underpinned her foreign policy even during the most difficult moments of her row with Trump. He remains, however, the supreme leader, able to do as he pleases. First the chaos – with tariffs, threats against Greenland, the ousting of Maduro in Venezuela and, even more so, the war in Iran launched alongside Israel without even deigning to inform European and NATO allies – and then, once again, a semblance of order.

Zelensky and the risk of a ‘Pyrrhic victory’

The joint statement in support of Kyiv marks a return of US focus on Ukraine. This is a clear victory for President Volodymyr Zelensky, who had criticised US disengagement, particularly following the escalation of the conflict in the Gulf. The leader has secured G7 unity against Vladimir Putin and his refusal to negotiate for peace (thus attempting to shore up the bloc’s position against any potential concessions by Trump towards the Russian president), but he knows that this victory could be a Pyrrhic one. It is no coincidence that he delivered his message via social media: ‘It is essential that everything that has been discussed is put into practice.’ Words must be followed by deeds.

Warnings to Israel

At the opposite end of the spectrum is Israeli Prime Minister Benjamin Netanyahu, who has been repeatedly criticised by Trump over the past week and has been the target of numerous jibes from France: the G7 fear that it is his government that is ‘jeopardising’ (as Meloni put it) the agreement between Washington and Tehran. They condemn the incursions into Lebanon. They regard him as a loose cannon, particularly as, during the election campaign, he could succumb to the most violent wing of his government, led by Ben-Gvir. This would scupper Trump’s efforts and the reopening of the Strait of Hormuz.

Merz and Starmer lose ground, whilst ‘partner’ countries make headway

The Europe of Ursula von der Leyen and António Costa can breathe a sigh of relief: Trump did not go on the offensive. Although alongside the Seven – with the German Chancellor Friedrich Merz and the British Prime Minister Keir Starmer less dazzling than in the past, due to complex domestic issues – the Canadian Mark Carney who was left without a bilateral meeting with Trump, and the Japanese Prime Minister Sanae Takaichi at her first G7 summit – other stars shone. A sign of the need for everyone to ‘broaden their horizons’ beyond transatlantic relations, to use Meloni’s words. And so, parading down the red carpet were the leaders of India, Egypt, Brazil, Kenya, United Arab Emirates, South Korea, representing those increasingly crucial regions – the Persian Gulf, the Indo-Pacific, Africa and South America – for global military and economic security.

China: The Stone Guest

Because the real ‘guest of honour’, and therefore the winner by default, is someone else: Xi Jinping’s China . Never explicitly mentioned in the joint statement on global growth and macroeconomic imbalances (for which it bears primary responsibility) and even thanked by Trump alongside Russia in the pages of the New York Times for the role it played in the agreement with Iran, it was the real subject – whether overt or covert – of every discussion. The giant whose overproduction threatens to bring European industry to its knees and which is the United States’ only real competitor on the planet: the elephant in the G7 room.

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