Wednesday, 17 October, 2018

May in Canada to defend Trump as world fears trade SNUB

Justin Trudeau Justin Trudeau , Bloomberg
Lindsey Cook | 08 June, 2018, 12:56

"Please tell Prime Minister Trudeau and President Macron that they are charging the USA massive tariffs and create non-monetary barriers", he wrote on Thursday night.

"Because these six countries represent values, they represent an economic market which has the weight of history behind it and which is now a true worldwide force".

The EU trade surplus with the U.S.is $151 Billion, and Canada keeps our farmers and others out.

But while Pence stands ready to fill in for Trump again this week, the president is convinced that his attendance at the G-7 summit is essential and is planning to travel on Friday morning to Quebec, according to three White House officials.

Up until now, the German government has largely adopted a policy of quiet disapproval in Trump's direction, but Maas broke the silence ahead of the G7 summit in Canada, which begins Friday. Late Thursday, the White House announced that Trump would be leaving the G-7 late Saturday morning to head to Singapore ahead of his summit with Kim, though the G-7 meeting was scheduled to last until later that day. Kudlow, in line with the longstanding expert consensus in the G7 industrialised democracies, had long opposed tariffs before joining Trump's team, but now says he agrees that the trade status quo hurts America.

And France's President Emmanuel Macron, who met Trudeau in Ottawa before they headed on to the summit, said he would rally support from his British, German and Italian counterparts before they all sit down with Trump. Although the Prime Minister was the first world leader to be a guest in Trump's White House in January 2017 when the pair were pictured holding hands, officials admitted that they were not especially close.

His plea for unity may fail, even within the European Union. Trump is set to hold a series of group and one-on-one meetings, including with Trudeau and Macron. His predecessors pressed for freer global trade and championed a trading system that required countries to follow World Trade Organization rules.

Already at the meeting of the finance ministers ahead of the G-7, the six non-U.S. countries released a statement raising concerns about USA trade actions.

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World leaders including Canadian Prime Minister Justin Trudeau are expected to raise the issue of tariffs with US President Donald Trump. Aides fear Trump may not sign onto the joint communique that is prepared by participating countries for release at the end of the summit. Let them meet; let them discuss.

In a bid to rebuild America's industry, Trump has imposed hefty tariffs on steel and aluminium imports, including those from key G7 allies like Canada, Japan and the European Union.

A humiliated Mr Macron then delivered a speech in Congress that repudiated much of Mr Trump's agenda, restating his commitment to both the Iran nuclear deal and the Paris climate agreement that Mr Trump has turned his back on.

The comments come amid growing concern about trade disputes between the United States and its partners in North America and in Europe.

Last night she called from restraint from the European Union, which is set to unveil its own list of tariffs on USA exports in retaliation. Trump injected further uncertainty recently when he floated the idea of replacing NAFTA with two separate trade deals, one with each country.

Sebastian Mallaby, a senior fellow with the Council on Foreign Relations, described the relationships between the US and the rest of the G-7 as at a "new level of crisis", saying that it was not just about trade but "a general USA attitude toward the system". In the lead up to the Iraq war in 2003, the USA was at odds with France and Germany, as the two European countries worked in opposition to the war.

Likewise, Macron described the moment as a period of "great challenges", but also defended his efforts to befriend the American president, saying the U.S.is a historical ally and "we need them".

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