Disputes over trade tariffs, Russian Federation overshadow G7 meeting

Disputes over trade tariffs, Russian Federation overshadow G7 meeting

Disputes over trade tariffs, Russian Federation overshadow G7 meeting

In an "extraordinary" exchange between the leaders on Friday, Trump repeated a list of grievances about U.S. trade, mainly with the European Union and Canada, a French presidency official told reporters.

On May 31, the USA had announced the imposition of 25 and 10 percent tariffs on steel and aluminum respectively on three of its biggest trading partners - Canada, Mexico and the European Union (EU).

Canadian Prime Minister Justin Trudeau closed the summit by issuing a strong rebuke to Trump's trade threats, calling them "kind of insulting" and saying they would be met with retaliatory measures from July.

Speaking during an impropmtu news conference at the G7 summit in Canada on Saturday, Trump said his ultimate goal was the elimination of all trade duties.

French President Emmanuel Macron responded in a "courteous but very firm tone" to present the European side of the story, and Japanese Prime Minister Shinzo Abe chimed in as well, the official said.

Macron and Trudeau had criticized Trump's tariffs on imports of aluminum and steel into the country, with Macron suggesting that the USA could be excluded from a joint statement.

Trump's apparent threat to end US trade deals with top allies came as he feuded with French President Emmanuel Macron, Canadian Prime Minister Justin Trudeau and other leaders over the trade war he instigated late last month.

Trump's tirade came before he was to leave for Singapore for his historic summit with the North Korean leader North Korea's Kim Jong Un.

The president said he was unconcerned about raising a trade ruckus at the gathering that usually emphasizes unity and downplays its disagreements.

"The American President may not mind being isolated, but neither do we mind signing a 6 country agreement if need be", Macron said in another tweet.

"This used to be the G8, not the G7, then something happened", Trump said in reference to Moscow's suspension from the group in March 2014, over the secession of Crimea from Ukraine.

Macron will meet with British Prime Minister Theresa May, German Chancellor Angela Merkel and new Italian premier Giuseppe Conte on Friday at 10:30 am (1430 GMT), just before the formal start of the summit in La Malbaie.

"You go tariff-free, you go barrier-free, you go subsidy free", he said.

"Why are we having a meeting without Russian Federation in the meeting?"

I think they are starting to be committed to a much more fair trade situation for the United States, because it has been treated very, very unfairly.And I don't blame other leaders for that.

It's a startling attack on the leader of the US neighbor and ally.

Highlighting the scale of the differences between Western allies, for the first time in G7 history there were doubts on whether the summit would end a final joint communique.

Related news