Published: Fri, June 08, 2018
Worldwide | By Angelina Lucas

Macron leads G7 charge against Trump over trade

Macron leads G7 charge against Trump over trade

Indeed, on Thursday, French President Emmanuel Macron suggested in a tweet that Trump might not sign the final summit statement on G-7 priorities. He engaged him on Twitter.

Before departing for Canada, Mr Trump tweeted: "Please tell Prime Minister Trudeau and President Macron that they are charging the USA massive tariffs and create a non-monetary barriers".

Barely 500 days into his presidency, Trump has developed a knack for alienating his fellow leaders while pursuing his "America First" foreign policy, a pushback against a global trade system which he sees as working against U.S. interests.

He told reporters: "Maybe the American president doesn't care about being isolated today, but we don't mind being six, if needs be".

Trudeau on Tuesday said the discussions at the G7 Summit, should have dealt primarily with sustainable and equitable economic growth and gender issues, instead it will be "straightforward and at times difficult" because of Trump's policies.

Some of them - most especially Trudeau, the summit's host - have publicly criticised Trump's new tariffs and characterised the United States as increasingly isolationist.

The G7 Summit has been largely overshadowed by Trump's attempts to organize a summit with North Korea in the coming days.

European Union and Canadian leaders also appeared ready to unite against Trump at the upcoming G7 summit.

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Four days before Trump's ice-breaking summit with North Korea's leader Kim Jong Un in Singapore, the United States president can expect a far chillier reception when he hops across the border to Canada for a meeting of the world's richest industrialized nations.

"There are disagreements. He's sticking to his guns, and he's going to talk to them", said Larry Kudlow, Trump's top economic adviser, at a briefing on Wednesday.

German industrial orders plunged due to weak demand from domestic and euro zone clients in April, posting their fourth straight drop on the month, as growing uncertainty about a global trade war led companies to scale back investment plans.

He added: "The six countries of the G7 without the United States are a bigger market taken together than the American market".

Pleas by the other member countries for exemptions from the steel and aluminum tariffs, which went into effect on June 1, have fallen on deaf ears in Washington.

"Looking forward to straightening out unfair Trade Deals with the G-7 countries. So, when you talk about this issue you have to look at reality - the reality is that over the last 24 years we have built a very integrated supply chain, which has been good for (the) economy, good for consumers, good for workers on all sides".

And White House officials are discussing ways to ramp up the penalties on Canada over Ottawas threat to levy tariffs next month on C$16.6 billion ($12.86 billion) in US -made products, the Washington Post reported, citing unnamed officials.

Critics argue that the growing US isolation is risky at a time when Trump is making diplomatic overtures with North Korea and in the Middle East and could use the support of allies.

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