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vegassports-odds.com June 21, 2018


Trump to leave G7 summit early amid feud with Trudeau, Macron

09 June 2018, 03:36 | Melvin Schneider

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Trudeau No sign of US common sense prevailing

While he's taken a tougher stance on traditional USA allies, Trump - who remains under investigation as part of an inquiry into potential collusion between his presidential campaign and the Kremlin - has charted a warmer course with Russian President Vladimir Putin.

French President Emmanuel Macron and Mr Trump, who exchanged terse Twitter messages ahead of the G7 summit, had a brief "very cordial" discussion about trade and North Korea upon arrival in Quebec, a French official said.

The prospects of Russian Federation being readmitted to the G-7 are dim.

Canada's Trade Minister Francois Philippe Champagne was even more blunt, declaring: "What we are seeing is that the world economic order is under pressure, under attack".

The US president sparred with both leaders over trade well into Thursday night, accusing the European Union and Canada of unfair business practices, and then resumed his polemic soon after 6am US time, complaining about Canadian dairy tariffs.

At one point, Macron waxed on about the apparent negative effect of USA hegemony, and suggested nothing short of sheer human mortality and the sweep of history would undo Trump's decision to dump the climate accord that was struck in the French capital nearly three years ago.

As those negotiations have stalled, discussions between Canada and US turned more pointed.

"Prime Minister Trudeau is being so indignant, bringing up the relationship that the US and Canada had over the many years and all sorts of other things", Trump said in a tweet on Thursday. That resulted in the an overall $8.4 billion surplus in goods and services with Canada in 2017, according to the U.S. Trade Representative's office. "Look forward to seeing them tomorrow", Trump tweeted.

"Take down you tariffs & barriers or we will more than match you!"

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President Trump will head to Singapore next week for an historic summit with North Korean leader Kim Jong Un, where he will address the rogue country's controversial nuclear program.

The Italian leader could turn out to be one of the friendliest faces for Trump at the G7 summit in Charlevoix, as his new populist government also stands for protectionist trade policies.

The G7 groups Canada, the United States, Japan, Britain, Italy, France and Germany. The European Union also attends.

"G-7 Sherpa and Deputy Assistant to the President for International Economic Affairs Everett Eissenstat will represent the United States for the remaining G-7 sessions", she added.

"We have massive trade deficits with nearly every country".

"It is evident that the American president and the rest of the group continue to disagree on trade, climate change and the Iran nuclear deal", Tusk admitted. France's finance minister described the group as "far more a G-6 plus one than a G-7".

Macron has made clear if talks don't lead to compromise, the other six leaders would be willing to sign a joint communique by the end of the summit without the U.S. But the president's focus may be divided. "The American President may not mind being isolated, but neither do we mind signing a 6 country agreement if need be", he tweeted.

National Economic Council Director Larry Kudlow told reporters on Wednesday that the president was aware of disagreements over trade, but he said the country's chief executive was "sticking to his guns".



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