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giftedviz.com June 20, 2018


Trump’s Hand Crushed By French President

10 June 2018, 12:15 | Darnell Patrick

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Trump is scheduled to arrive Friday morning for the Summit.

Canadian Prime Minister Justin Trudeau had hoped to visit Washington last week to complete what he thought would be the final stages of the NAFTA renegotiation.

The German leader said there was broad agreement among G7 leaders that tariffs and other trade barriers should be reduced.

"You say the U.S. President doesn't care at all".

"We Europeans and the Japanese are not ready to give up everything to get" Trump's signature, he said, adding that would be a "mistake". Earlier this week, White House economic adviser Larry Kudow said that Trump was not looking to withdraw from the agreement and was instead trying to negotiate separate deals with Mexico and Canada.

In a news conference at the G7 summit in La Malbaie before leaving for Singapore to meet with the North Korean leader, Trump is reiterating his contentious case that Russian Federation should be re-invited back into the G7 because a G8 would be more meaningful.

Trump's attitude towards the global summit is already causing some reaction online.

While Mr Trump set a combative tone before even arriving at the summit with a series of tweets about unfair trade deals, he appeared affable and joking at multiple brief photo opportunities and praised Mr Macron for helping to work out trade issues.

Macron told reporters that while Trump may not mind USA isolation, "neither do we mind signing a six country agreement if need be".

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Still, the USA and European Union will establish a dialogue on trade within the next two weeks, signalling a modest step forward for the bitterly divided allies of the G7.

But as Business Insider's Josh Barro pointed out, there are several reasons why the president would want the country back in the G7.

Trump continued by saying that "we are looking for peace in the world, and not to play games" and emphasized his point, stating "the G8 would be better".

The imprint of French President Emmanuel Macron's thumb can be seen across the back of U.S. President Donald Trump's hand after they shook hands during a bilateral meeting at the G7 Summit in in Charlevoix, Quebec, Canada, June 8, 2018.

"For us, it was important that we have a commitment for a rule-based trade order, that we continue to fight against protectionism and that we want to reform the WTO", Merkel said. The White House did not say what the president would talk about.

And while his bellicosity and volatility has deeply strained relations between the US and its historic allies, Trump insisted that he had terrific relationships with the G7 leaders, though before arriving at the summit he had unleashed a tweetstorm against some of them.

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But details are scant so far, and clear differences are remaining. "The six countries of the G7 without the United States, are a bigger market taken together than the American market".

On Wednesday, the European Union announced $3 billion worth of tariffs on US products in retaliation would go into effect next month.



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