Count de Money
Posted on 06/07/2018 10:42:19 AM PDT by mandaladon
OTTAWA (Reuters) - Leaders of the Group of Seven rich nations headed for a summit in Canada on Thursday more divided than at any time in the group’s 42-year history, as U.S. President Donald Trump’s “America First” policies risk causing a global trade war and deep diplomatic schisms.
In a bid to rebuild America’s industry, Trump has imposed hefty tariffs on steel and aluminum imports, including those from key G7 allies like Canada, Japan and the European Union.
He has threatened to use national security laws to do the same for foreign car imports and has walked back on environmental agreements and an international deal to prevent Iran from building a nuclear bomb.
Trump will arrive in Canada on Friday, on the way to Singapore where he hopes to strike a historic nuclear deal with North Korean leader Kim Jong Un.
The U.S. president is in no mood for compromise over trade and now has frosty relations with Canadian Prime Minister Justin Trudeau, the summit host. 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.
But rather than seek a fight with Trump at the summit, French President Emmanuel Macron made an appeal for productive discussion.
“In this environment, above all we always have to stay polite, stay productive and try to convince (them), to keep the United States on board because they are our historical ally and we need them,” Macron told a news conference held with Trudeau in Ottawa on Friday.
But he urged the other industrialized countries to stick together.
“We must not fall apart. The six other nations of the G7 represent a market that is larger than the American market,” Macron said.
(Excerpt) Read more at reuters.com ...
Trump wants to negotiate a deal where everyone comes out ahead.
The Globalists want to negotiate a deal where the US loses.
I expect more winning.
Rumours suggest 60 billion Euro in trade for the EU over three years if no barriers exist.
Their plan to have the UN control all the money in the World is over ,LOL
Trump wants to negotiate a deal where everyone comes out ahead.
The Globalists want to negotiate a deal where the US loses.
Please read my tagline.
California’s economy is bigger than France, and NY’s is bigger than Canada. The G7 is going to have to come to terms with the fact that the game can no longer be rigged. It was unsustainable, and Trump is ultimately going to do them a favor here.
Reducing tariffs would help both sides.
“Battered by Trump, G7 leaders choose to be ‘polite,’ productive”
Good choice.
Everyone was stuffing their pockets
Exactly right.
The ideologues care solely about ideology and their anti-US agenda.
What’s the story behind that!?
Is that today? OMG LOL
Nah, somebody posted it a week or two ago. It makes me LOL.
It’s strange the Trump does not want to go to the G7 meeting and that White House staff don’t expect him to sign the communique.
You’d think he’d be eager to share his detailed knowledge of international trade policy with them, since it occupies so much of his time and attention.
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