Title : G7 Summit Will Start Tomorrow In Canada. Trade War Concerns Loom
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G7 Summit Will Start Tomorrow In Canada. Trade War Concerns Loom
Reuters: Trump sticks with hard line on trade as showdown looms at G7
WASHINGTON/OTTAWA (Reuters) - U.S. President Donald Trump is not backing down from the tough line he has taken on trade, the White House’s top economic adviser said on Wednesday, setting the stage for a showdown with top allies at this week’s G7 summit in Canada.
The meeting on Friday and Saturday in Charlevoix, Quebec, will be the first chance G7 leaders have had to confront Trump in person since U.S. tariffs on steel and aluminum imports from Canada, Mexico and the European Union were imposed last week.
That move unleashed fury in the Group of Seven industrialized nations and prompted quick retaliation from Canada and Mexico and a promise from the EU to do so as well, unnerving investors who fear a trade war that could derail the global economy.
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Update: Trump likely to meet some US allies very angry over tariffs at the G7 summit in Canada (AP)
WNU Editor: It appears that President Trump wants to be somewhere else .... Trump complains about traveling to Canada ahead of Singapore summit with Kim (Washington Post)
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