Donald Trump: Top economies should drop all tariffs

10 Juin, 2018, 02:13 | Auteur: Auguste Feret
  • May will try to persuade Donald Trump to reverse his steel and aluminium tariffs

"Because you have some cases where countries are subsidizing industries and that's not fair". Trump fired back, saying the U.S. had been duped for for years by barriers and that any country that imposed its own measures would regret it.

Russian Federation seemed unconcerned. State news agencies quoted Kremlin spokesman Dmitry Peskov as saying, "We are putting the emphasis on other formats".

Speaking before his departure from the G7 summit in Quebec on Saturday, Trump also defended the punishing steel and aluminium tariffs he has imposed on his fellow G7 leaders - all of whom are feeling the sting of those newly imposed measures.

But even before the G7 summit began, the United States and other participants were on a collision course on a number of issues.

"I did suggest it", Trump said.

Trudeau was quick with his riposte: "So I'd say NAFTA is in good shape". Tariffs have been falling for decades due to free trade agreements.

Still, a French official said on Friday the United States and European Union would establish a dialogue on trade within the next two weeks, signalling a modest step forward for the bitterly divided allies of the G7. "It's going to change". Tariffs will come way down.

"We're like the piggy bank that everybody's robbing, and it ends", Mr. Trump told reporters at a press conference at the end of the meeting, just before he jets off to Singapore to meet with North Korea's leader.

Trump planned to leave the summit on Saturday before it discussed climate change and the health of oceans, underlining fractures in the G7 exacerbated by USA trade tariffs.

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When May first visited the White House, he gripped her hand as they went down a slope. "When we try to bring our piece up a little bit so it's not so bad".

Trump said the final outcome would lead either to a better agreement on NAFTA or separate trade deals with both Canada and Mexico.

"And so began a long litany of recriminations, somewhat bitter reports that the United States was treated unfairly, that the trading system was totally unfavorable to the United States, the American economy, American workers, the middle class", the official said.

Sources tell CBC News the US will commit to lowering trade tariffs, but will leave its name off a commitment to implement the Paris climate agreement.

"The constant victim-talk doesn't help anyone", he continued. Trump had tried to essentially splinter the European leaders by negotiating some changes with Germany and different ones with France, but those leaders appeared locked together in confronting Trump on trade.

The president also called Trudeau "indignant" on trade and accused Canada of charging the U.S.

"Justin has agreed to cut all tariffs", Trump said, causing Trudeau to laugh.

Trump himself told reporters on Saturday that the summit was not contentious and called his relationship with G7 allies a "10". To United States, frankly, it would be a good thing but I'm not looking to do that.

"They do so much more business with us than we do with them that we can't lose ..." Manufacturing, an industry Trump focuses on, makes up about 10 percent of USA economic output.

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