Wednesday, 12 December, 2018

Canada rejects Trump's bid to let Russian Federation back into G7

Twitter despairs as Trump blames Canada for White House burning during War of 1812 Trump falsely accuses Canada of burning down White House
Orlando Vargas | 09 June, 2018, 03:36

Trump has accused Canada of ripping off the United States through unfair trade practices, and Canadian officials have said Trump is using inaccurate information to attack a USA ally.

The summit is being held in the picturesque Quebec town. On Thursday, Trump engaged in a bitter back-and-forth with French President Emmanuel Macron and Canadian Prime Minister Justin Trudeau over Twitter, both of whom he'll meet face-to-face on Friday. "He is sticking to his guns".

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

Kudlow added that the United States and China had not yet reached a deal to resolve Trump's demand for a smaller US trade deficit with China. Will they work with those two states to create an alternative financial structure that insulates them from USA sanctions?

The U.S. trade deficit, however, fell to a seven-month low in April as exports rose to a record high, the U.S. Commerce Department reported on Wednesday.

Trump and other world leaders don't agree on a wide range of issues from trade to the environment as well as Iran and the construction of a new U.S. embassy in Jerusalem.

And more: "Looking forward to straightening out unfair Trade Deals with the G-7 countries". The fact is that the US-Canada trade is nearly equal, and if you count both goods and services, it is the US that runs the surplus.

"We're going to deal with the unfair trade practices ..." At the time, he mentioned he was open to renegotiating the pact, but other members expressed resistance to that idea. He's in standoffs with Mexico, Canada, China, Japan and members of the European Union, the largest us trading partner.

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"The president will travel directly to Singapore from Canada in anticipation of his upcoming meeting with North Korea's leader Kim Jong Un Tuesday", White House Press Secretary Sarah Huckabee-Sanders said in a statement.

Trump joined the leaders of major industrialized nations in an idyllic Canadian resort town after days of escalating conflict over new USA tariffs he slapped on imports of steel and aluminum. In addition, China would buy more US crude oil and natural gas exports to quench its thirst for energy.

The United States had a $17.5 billion deficit in goods with Canada in 2017, meaning that Americans bought more goods from Canada than Canada did from the U.S. But the U.S. had a $91.5 billion surplus in services with Canada. European allies have urged Trump to reconsider. The EU is also attending the summit.

The G7 Summit runs from 8 to 9 June in Charlevoix, Canada.

The German government was not the only ally to lash out at the USA president before the Canada meeting.

"Macron was definitely getting more phone calls than other European leaders, so it looked at first like it was paying off", Julianne Smith, a former deputy national security adviser to Vice President Joe Biden, told Politico. On Thursday, French President Emmanuel Macron said on Twitter that the other countries at the summit do not mind "signing a 6 country agreement if need be", without the United States.

The G-7 used to be the G-8, when Russian Federation was a member along with Britain, Germany, Italy, Canada, the United States, France and Japan.

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