ibusinesslines.com
ibusinesslines.com August 17, 2018


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

09 June 2018, 01:06 | Erica Roy

What administration officials have insisted is only a “trade dispute” appears closer to becoming a trade war

What administration officials have insisted is only a “trade dispute” appears closer to becoming a trade war

On March 20, Putin and Trump held a telephone call and agreed to hand down instructions to start preparations for a Russia-US summit. "It will start first of all to hurt US workers".

As leaders of the Group of Seven industrialized countries meet in Quebec, Trump is facing serious opposition from some of America's closest allies, with some Western leaders warning that they are willing to part company with the USA over trade. "Look forward to seeing them tomorrow", Trump wrote.

Previous G7 summits have seen large-scale anti-globalization protests, but even though he has made a populist criticism of global trade a major part of his appeal to voters, Trump was the main target of a protest as masked anarchists set fire to USA flags and those of other bloc nations. "Within the global framework, we have to take measures and that's what Canada has done and what the European Union has also announced".

Before arriving in Canada, British Prime Minister Theresa May called for fellow European Union leaders to take proportionate responses to the USA tariffs and shrugged off a rebuff by Trump for a formal one-on-one meeting at the G-7.

Earlier in Ottawa, Macron and Trudeau offered an olive branch of sorts by offering Trump a modest measure of support in his historic meeting in Singapore with North Korean leader Kim Jong Un following the G7 summit. The claim is part of his argument for imposing the tariffs on steel and aluminum imports, which Trump says will reduce the United States' trade deficit with its top trading partners.

Relations with Russian Federation also became an issue at the summit after Trump on Friday said the country should be allowed to again attend meetings with the G7, an idea that did not gain much traction at the meeting.


Asked about Trump's remark that the Canadians burned down the White House, aides to the President and to Canada's Trudeau declined to comment.

Macron also said this to reporters, setting the current diplomatic tone quite nicely: "When you're saying that President Trump doesn't really care, maybe you're right, but no one lives forever".

Before departing for Canada, Mr Trump tweeted: "Please tell Prime Minister Trudeau and President Macron that they are charging the U.S. massive tariffs and create a non-monetary barriers". "European Union treats us very unfairly, Canada very unfairly, Mexico very unfairly". "The impact on Canada and ultimately on workers in the USA won't be a laughing matter".

So great is the rift between traditional allies that some observers have suggested renaming the G7 summit the G6+1 - and Macron said they should not hesitate to reach agreements without Trump.

The US president signaled that he was in no mood to compromise as he met Japanese Prime Minister Shinzo Abe.

"Prime Minister Trudeau is being so indignant, bringing up the relationship that the US and Canada had over the many years and all sorts of other things", Trump said in a tweet on Thursday. He could turn out to be one of the friendliest faces for Trump at Charlevoix as his new populist government also stands for protectionist trade policies.



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