Monday, 12 November, 2018

Trump withdraws endorsement of the G7 communique

Trump withdraws endorsement of the G7 communique Trump withdraws endorsement of the G7 communique
Steven Clarke | 10 June, 2018, 22:45

US President Donald Trump dramatically withdrew his endorsement of a joint statement at the end of a G7 summit in Canada on Sunday in a row over trade, accusing the summit's chairman Justin Trudeau of dishonesty.

In an extraordinary set of tweets aboard Air Force One, on its way to Singapore for Tuesday's summit with North Korea's Kim Jong Un, Trump threw the G-7 summit into disarray Saturday and threatened to escalate his trade war just as Canada released the G-7's official communique. Some countries have retaliated with their own levies on US imports. He described all seven leaders coming together to sign the joint declaration despite having "some strong, firm conversations on trade, and specifically on American tariffs".

Trump also called for Canada to drop all trade tariffs, such as the one created to protect Canada's small dairy industry, and threatened more trade action if Canada did not acquiesce.

The United States would not back off from its tough stance in negotiations with trading partners, Trump said.

Trudeau called the fact that the U.S. had based the tariffs on a national security reason "kind of insulting". Trump tweeted in response. "That's the way you learn at the Wharton School of Finance" Trump told reporters on Saturday. You can see more of Denzel's work here. "It's a lovely evening, a great weekend".

The summit in Canada was marked by Mr Trump's controversial trade policy which has put him at odds with the rest of the G7 leaders.

Despite Trump's recent decision to slap aluminum and steel tariffs on America's allies, the statement at the conclusion of the summit called for the "free, fair, and mutually beneficial trade", fighting protectionism and "the crucial role of a rules-based global trading system".

"Trudeau, who stands at 6'2", appears at least an inch taller than Trump in a photo the Prime Minister shared from this weekend's G7 summit.

In response to Mr Trump's decision to withhold USA support for the summit conclusions, a senior United Kingdom government source said: "We stand by the commitments made in the G7 communique".

"I have made it very clear to the President that it is not something we relish doing, but it something that we absolutely will do", Trudeau said in the news conference.

And he said his recent imposition of punishing steel and aluminum tariffs was based on legitimate national security concerns, rebuffing the concerns of allies.

Then he claimed Trudeau was "pouring collateral damage on this whole Korean trip". "I would say the relationship is a 10", Trump said.

In a freewheeling news conference at the G7 summit in La Malbaie, Trump defended his contentious case for bringing Russian Federation back to an expanded G8, and he riffed again on what he said are unfair trade deficits with his country. "We're like the piggy bank that everybody is robbing and that ends".

In retaliation, all three allies vowed to impose retaliatory tariffs on scores of USA products. "And anyone who leaves and turns their back on them shows their inconsistency", the palace said. This will be the first time a sitting U-S president meets with a North Korean leader. "I'm arguing Trudeau picked the fight", Kudlow said. The president could have said that.

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But Trudeau objected strenuously to a sunset clause of any length.

Mr Trump's presidency has been clouded by a federal investigation into alleged Russian meddling in the 2016 presidential election, and possible collusion by his campaign.

"There will be no world hegemony if we know how to organize ourselves". Trump said he had not spoken with Russian President Vladimir Putin in a while.

Trump's comments Friday on Russian Federation also could alienate him from his own party.

Trump reiterated that Russian Federation should be re-invited back into the G7 because a G8 would be more meaningful.

Russian Federation was invited to join in 1998 as a way to encourage capitalist reforms in the country, turning it into the G-8.

Trump placed the blame on his predecessor, President Barack Obama. "I may have had a much different attitude". But in 2014, Russian President Vladimir Putin alarmed world leaders after moving troops into eastern Ukraine and taking over Crimea.

"The United States has been taken advantage of for decades and decades", Trump told reporters, reiterating his long-standing view that Washington has been exploited for too long by existing trade arrangements.

"Trump showed up late to a breakfast on empowering women".

We spent two days obtaining a draft and commitments.

"I think there are various discussions about alternatives that would not be that, and that would not be entirely destabilising for a trade deal, and I think we are open to creativity", he said.

The US president warned that retaliation against metal tariffs - 25% on imports of steel and 10% on aluminium from countries including the United Kingdom and the rest of the European Union - would be a mistake after previously calling the EU approach to business "brutal".

"International co-operation can not be dictated by fits of anger and throwaway remarks", it added.

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