LIVE UPDATES: Biden meets with world leaders at G-7 summit, declares 'diplomacy is back'

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The G-7 summit is underway in the United Kingdom.

The leaders of the Group of Seven economies are meeting in Cornwall, in the southwest of England, for the summit, which runs from Friday to Sunday.

Key talking points will include the coronavirus, climate, Russia, China, and the Middle East. The global economy is also expected to take center stage, according to a White House statement.

"Today, President Biden will meet with G7 leaders to discuss ways to forge a more fair, sustainable, and inclusive global economy that meets the unique challenges of our time. President Biden and G7 partners are committed to a global recovery that benefits the middle class and working families at home and around the world," the statement added.

Leaders of the G-7 countries -- Britain, Canada, France, Germany, Italy, and Japan, along with the U.S. -- are also expected to endorse a strong global minimum tax of at least 15 percent, according to the White House.

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