Trump Warns Against EU Trade Reprisals After Stormy G7 Summit

Donald Trump at the White House IFTAR dinner

"We work closely with President Trump, and the UK has a very good relationship with the United States", she said, defending his decision to leave early in order to prepare for his summit with Kim Jong-un.

Trump's apparent threat to end USA 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. Canadian officials said on Friday that talks had been "cordial" throughout the day, and that a constructive discussion had taken place in a private meeting between Trump and Trudeau.

His statement came after considerable rancor reportedly enveloped the G-7 summit, an annual meeting in which the leaders of the seven most industrialized nations-Canada, France, Germany, Italy, Japan, the United Kingdom and the USA - come together to discuss foreign affairs. He reiterated his longstanding view that the USA has been taken advantage of in global trade, adding, "We're like the piggy bank that everybody's robbing and that ends".

That move was met with criticism at home, including from Republicans, and announcements of retaliatory tariffs from USA allies. Canada issued its own threat of tariffs, which don't go into effect until July.

The EU said it will impose the "rebalancing" tariffs on about $3.3 billion (2.8 billion euros) worth of USA steel, bourbon, agricultural products including sweet corn, orange juice, cranberries and certain clothing made of cotton.

"We're like the piggy bank that everybody is robbing", he said at an earlier news conference as his counterparts continued their meeting in La Malbaie, Quebec, and officials hammered out a joint communique. Merkel said on Saturday there must first be progress on a Ukraine peace plan before there is any talk about readmitting Moscow. "Or we're going to make a deal directly with Canada, directly with Mexico", Trump said Saturday.

As he prepared to travel to Canada, he ramped up his blast of Canada on Twitter this morning over what he says are unfair trade practices.

"I've been firm, I've been clear, but I don't think descending into insults is right for the way Canada engages with the world", the prime minister said. And we charge nothing", he said."And it's going to stop.

Led by the USA, the group kicked out Russian Federation in 2014 over its annexation of Crimea and its support for pro-Russia separatists in Ukraine.

Macron, in particular, implored Trump to understand that tariffs alone were not a cause of trade imbalances.

And she urged against what she described as "tit-for-tat" escalation of a potential trade war between the U.S. and European Union, before calling for a continued "constructive dialogue". We have a world to run.

In an "extraordinary" exchange between the leaders on Friday (local time), Mr Trump repeated a list of grievances about United States trade - mainly with the European Union and Canada, a French presidency official said.

Trudeau acknowledged that G7 leaders left La Malbaie without significantly transforming Trump's approach to trade.

The other six G7 nations reiterated their support for the Paris agreement on climate change and acknowledged they would have to continue their fight without the U.S.

"We're either going to have NAFTA in a better negotiated form or we're going to have two deals", the USA president said.



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