Justin Trudeau: We won't be pushed around by Trump

Trump accuses Justin Trudeau of making 'false statements'

"These are jointly shared principles, although the pitfalls lie in the details", she said in a press conference, adding that she expected a joint G7 statement on trade would be issued at the end of the summit. "We'll either leave it the way it is as a threesome deal" and "change it very substantially", Trump said Saturday in La Malbaie, Quebec, speaking to reporters before departing the Group of Seven leaders' meeting.

The money raised exceeds the $1.3 billion U.S. over three years that a coalition of 30 non-governmental organizations had called on Prime Minister Justin Trudeau to raise as part of his chairmanship of the G7 this year.

The prospect that he could be moving toward an even greater protectionist trade policy is likely to chill financial markets anxious about tit-for-tit escalation that could lead to a full-blown global trade war. The United States and Japan, however, did not sign the charter.

A key question was whether the seven countries could agree on a joint statement of priorities at the conclusion of the meeting.

President Trump leaves the G-7 summit after holding a press conference in the Canadian resort town of La Malbaie.

In the weeks leading up to the summit, he imposed tariffs on steel and aluminum from Canada, Mexico, and the European Union.

Heading into the leaders' summit in the town of La Malbaie, there were deep concerns the G7 alliance was fast becoming a G6 plus one because of a widening gulf between the USA and the rest of the group in key areas such as climate and trade.

Days after igniting a trade war, Donald Trump declared Saturday that he wants a world free of all tariffs and trade barriers. Nevertheless, the statement is a positive step toward worldwide cooperation, said Trudeau.

"We're either going to have NAFTA in a better negotiated form or we're going to have two deals", the USA president said. He said unleashing retaliatory measures "is not something I relish doing" but that he wouldn't hesitate to do so because "I will always protect Canadian workers and Canadian interests".

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But Trump said that the notion that the G7 summit was in any way contentious was "fake news", telling reporters Saturday that the conference had been "so wonderful".

"Our Tariffs are in response to his of 270% on dairy!" the USA president tweeted.

But their facts, figures and plaintive explanations - including about Europeans' love of Apple iPhones, or that there can be trade imbalances between countries in the EU's single market that have zero tariffs between them - fell on deaf ears.

"There are always other things we can work on", Trudeau said.

Before his trip to Canada, Trump surprised everyone again, saying he would recommend the G7 states to bring Russian Federation back into the group. Manufacturing, an industry Trump focuses on, makes up about 10% of United States economic output.

Overall, 56 per cent of Americans say that free trade agreements have been a good thing for the USA, while 30 per cent say they are a bad thing, according to a Pew Research survey conducted in late April.

"It is not something we are even remotely interested in looking at, at this time", he said.

But in his closing news conference, Trudeau argued the two-day event was a success.

According to reports, the other leaders were taken aback by the suggestions and not sure how serious Trump was about it.

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