Navarro: Trump Correcting Trade Imbalances with Japan, Germany, Canada

US President Donald Trump has left following his brief trip to Canada saying his relationship with the G7 countries is a 10 out of 10, and reports of rifts between the powerful countries are simply "fake news".

The G7 joint communique, which advocates a "rules-based trading system", was reached despite tension over USA tariffs on steel and aluminium imports, reported BBC. Trump said that retaliation is a "mistake", according to Trudeau. "And we charge nothing", Trump said.

According to a report by the Independent, the joint communique stated that the G7 nations need to evaluate worldwide trade rules and develop new ones, if necessary, going forward to ensure an equal trading playing field. Officials say Canada and Mexico have proposed member nations gather every five years to review the treaty.

Image copyright JESCO DENZE What was agreed?

Trump's apparent threat to end US trade deals with top allies came as he feuded with French President Emmanuel Macron, Canadian Prime Minister Justin Trudeau and other leaders over the trade war he instigated late last month.

As he prepared to travel to Canada, he ramped up his blast of Canada on Twitter this morning over what he says are unfair trade practices.

The president went into the meeting under intense pressure from foreign leaders after he slapped high tariffs on steel and aluminum imports, citing US national security needs.

"What we did this weekend, was come together, roll up our sleeves and figure out consensus language that we could all agree to on a broad range of issues". Expressing his frustration, Trump said, " Can't do that.

"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.

More news: Nadal prepares for complex Thiem challenge

Such a move could make it almost impossible to renegotiate the terms of the 1994 NAFTA pact between the United States, Canada and Mexico.

Later, Trump will fly to Singapore where he is set to meet with North Korean leader Kim Jong Un on June 12.

The EU said it will impose the "rebalancing" tariffs on about $3.3 billion (2.8 billion euros) worth of USA steel, bourbon, agricultural products including sweet corn, orange juice, cranberries and certain clothing made of cotton.

Trump earlier had criticised India over high tariffs on Harley- Davidson.

Copies of the communique stamped with "approuve", or approved in French, were being circulated around the G-7 media center in Quebec City as Trump made his order on Twitter.

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". Earlier in the day, G7 countries announced they had raised more than $3.8 billion in an effort with other countries to send the world's poorest girls to school.

Just hours after issuing a series of aggressive messages about global trade and Canadian dairy practices, Donald Trump has arrived in Quebec to attend some of the G7 summit - his first visit to Canada as USA president.

Trump also targeted Canada's auto and dairy industries.

"Looking forward to straightening out unfair Trade Deals with the G-7 countries".

Related News:



Most liked

Eunice Gayson, first Bond Girl ever, dies at age 90
Additionally, Gayson would appear with future Bond girl Diana Rigg in an episode of the British spy series The Avengers in 1966. During filming of Dr No , Gayson helped calm down a nervous Connery so he could say the famous catchphrase " Bond, James Bond ".

LeBron might sign with Rockets, former teammate Bosh says
Smith has reported on "First Take" in the last few days that James will at least speak with Golden State and Boston this summer. Houston had the best record in the 2017-2018 regular season and almost upset the Warriors in the Western Conference Finals.

Redmond O'Neal, son of Farrah Fawcett, charged with attempted murder
The alleged spree started on May 2 when O'Neal "became angry" because a man "appeared to look at him". Surveillance video showed the suspect walking away shortly after the victim was found, police said.

Yahoo Messenger Is Shutting Down After 20 Years
Oauth, the new parent company of Yahoo and AOL, sold Flickr recently to SmugMug , and shut down AOL Messenger AIM back in 2017 . However, Yahoo Messenger could not keep up with messaging services from competitors such as Facebook , Apple, and Google .

Does Ferrari know where Montreal is?
Canadian Lance Stroll , in the other Williams , caught the Wall of Champions in the morning and punctured a tire. Romain Grosjean damaged his nose cone when he hit an animal, believed to be a groundhog in the afternoon.

Search for survivors temporarily suspended near Guatemala volcano
Authorities have said the window is closing on the chances of finding anyone else alive in the devastation. Naomi Diaz said the volunteers wanted to pitch in because they saw that people needed help.

Why Mercedes is the real Canada favourite - F1
Sebastian Vettel was pretty happy with his effort to take pole in Montreal - a lap record at Circuit Gilles Villeneuve. We were just trying to figure everything out.

The amusing and heartbreaking trailer drops for HBO's Robin Williams documentary
Martin then acknowledges that Williams, on stage, was "a master", but "off stage, it felt like he was holding himself together". The trailer for Robin Williams: Come Inside My Mind is out and it will leave any Robin Williams fan emotional.

What to do if you suspect someone is suicidal
The report found that firearms were the most common method of suicide for both those with and without mental illnesses. In 1932, during the Great Depression, the rate was 22 per 100,000, among the highest in modern history.

Simona Halep vs Sloane Stephens
Nadal lost the opener 6-4 against 11th-seeded Diego Schwartzman but began to play better after a rain delay of just under an hour. Now I just have to go find her, because I need to tell her some juicy stuff. "It was very nice to play like that", Halep said.

Rashford shines as England cruise past Costa Rica
But I think you can learn from that experience and it can help you as a player to get better to want to get there again. Costa Rica get their World Cup E campaign under way against Serbia on June 17 in Samara.

Refreshed Rafael Nadal surges into French Open semifinals
One of those victories came against Thiem in last year's semi-final and was, if anything, more comprehensive than this one. Everybody, including Thiem on Friday, chatters about what a terrible chore it must be to beat him in best-of-five.

Muguruza brushes off Sharapova to reach French Open semi-final
He came back on court in full swing and made Schwartzman run with a combination of deep groundstrokes and subtle drop shots. That means Saturday's final at the French Open will be Halep's third title match in the past five Grand Slam tournaments.

Trump tweets condolences after United States soldier killed in Somalia
Afterward, Africa Command revisited the protection that USA troops in Africa on operations. This is the second us military fatality in Somalia in the a year ago .

EA's new subscription service Origin Access Premier announced at E3 2018
Being a member also means games from other publishers such as Batman: Arkham Asylum, INSIDE, The Witness, and more are playable. This'll include its biggest releases, like Battlefield 5, the newly announced Madden 19 on PC and BioWare's Anthem .