Italy's Conte wants G8 with Russia, not quick end to sanctions

Italy's Conte wants G8 with Russia, not quick end to sanctions

Trump tweeted his reversal after what he called "false statements" by Canadian Prime Minister Justin Trudeau, who he labeled "dishonest and weak".

Leaders of the Group of Seven industrialized nations agreed at the conclusion of their summit on Saturday on the need for "free, fair, and mutually beneficial trade" and the importance of fighting protectionism, their communique said. Later, the document was made public.

Reacting to Trump's tweets, Trudeau's office said: "We are focused on everything we accomplished here at the summit".

At a summit aimed at renewing ties between members after months of trade threats, Trump heightened tensions with allies while reaching out to absent USA adversaries.

"We'll either leave it the way it is as a threesome deal with Canada, the United States and Mexico, and change it very substantially.or we're going to make a deal directly with Canada, directly with Mexico", Trump said at a press conference at the Group of Seven (G7) summit in Quebec.

The remarks apparently upset Trump, who had left the conference early to travel to Singapore for a highly anticipated meeting with North Korean leader Kim Jong-un.

"There will not be a sunset clause. we will not, can not sign a trade deal that expires automatically every five years", he told a news conference at the end of a Group of Seven summit in Quebec.

Trump further annoyed the allies when he called for Russian Federation to be welcomed back into the group. And he shrugged off the risk that his combative stance would ignite escalating tariffs and counter-tariffs between the United States and its friends - the European Union, Canada, Japan and Mexico. "President Trump is creating chaos". Afterward, he said that talks had been "extremely productive" on trade and other issues.

He also resumes his criticism against Canada for unfairly charging tariffs on dairy products heading to the United States.

Canadian officials, including Trudeau, have fanned across America as part of a months-long charm offensive to appeal to pro-trade Republicans at every level.

Trump's conduct was "actually not a real surprise, we have seen this with the climate agreement or the Iran deal", Maas, a senior member of the Social Democrats (SPD), a partner in Chancellor Angela Merkel's governing coalition, told reporters.

Fears of a looming trade war were heightened last week after all the G7 nations announced plans to retaliate against Trump's tariffs with tariffs of their own. He reiterated his longstanding view that the USA has been taken advantage of in global trade, adding, "We're like the piggy bank that everybody's robbing, and that ends". Tariffs are going to come way down because people can not continue to do that.

Kudlow said Trudeau "stabbed us in the back" and "did a great disservice to the whole G7" with his "amateur political stunt".

Over the course of the summit, the President pushed the narrative that the a victim of a trade imbalance, though European leaders rejected these claims.

Trudeau's view of how the summit went was a marked contrast to Trump's take.