G7 leaders set to clash with combative Trump over tariffs, trade

Charlene Craig
June 8, 2018

"The American president may not mind being isolated, but neither do we mind signing a six-country agreement if need be", Macron said, adding that United States workers would be the first to suffer from a trade war between Europe and the US. The weather is expected to be mild, but he is likely to get a frosty reception from the other world leaders in the group.

Trump heading to Quebec for the meeting with the leaders of the other so-called G7: Canada France, Germany, Italy, the United Kingdom, and Japan.

We take them on.

US President Donald Trump will skip scheduled sessions on climate change, clean energy and oceans during the two-day G7 Summit which is slated to begin on Friday in Quebec, Canada, the White House announced. The Chamber of Commerce estimates that Trump's trade policies threaten as many as 2.6 million American jobs.

This is not the first time that relations have been strained, but the depth of the current disagreements may have lasting consequences.

While the G7 leaders have largely praised Trump for his efforts to stabilize the Korean peninsula, they are unhappy he pulled out of an agreement created to limit Iran's nuclear ambitions.

The G7 summit in La Malbaie, Canada, is set to take place over Friday and Saturday.

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Trump has also seemed less than enthusiastic about the meetings, questioning if he even needs to attend.

They issued a joint declaration that affirmed the importance of the world's multilateral institutions that included a commitment "to shared values like liberty, democracy, respect for human rights, and the rule of law".

USA stocks, apart from those of steel and aluminum producers, have fallen sharply in response to Trump's announcements of tariffs and other measures against trading partners.

"I'm always the optimist, I believe it can be worked out, and I'm always hopeful on that point".

Trump's top economic adviser, Larry Kudlow, was vague Wednesday on the outcome of the summit, saying: "For these kind of decisions, let them meet first".

"They are relying on the overwhelming strength of the U.S.to compel a much weaker neighbour to give in to whatever they demand, " Bothwell said.

Despite the conflict, Mallaby predicted that the countries would still seek to work with the USA, calling it "the indispensable country".

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The French leader said on Tuesday he would travel to Russian Federation if the national team advanced beyond the quarter-finals.

"The president wants to go on the trip", Kudlow, director of the National Economic Council, told reporters. American presidents from Reagan to Barack Obama pressed for freer global trade.

As another outsider who upended the political order, France's president appeared to have an instinctive understanding of the Trump phenomenon that more established leaders struggled to grasp. "I think there are questions about what is going to be the dynamic around the G7 table".

Cranberries and rice are mostly imported from key states that voted for Trump in the 2016 election.

G7 finance ministers met last week and rebuked Washington over the tariffs, setting up a fight at the G7 summit.

But he urged the other industrialized countries to stick together.

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Canada sent 84 percent of its steel exports, worth C$9 billion, south past year , according to Statistics Canada. Analysts say the tariffs are created to hit US Republican strongholds ahead of mid-term elections in November.

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