Trump demands end to ‘unfair’ trade after G7 summit


U.S. President Donald Trump and Managing Director of the International Monetary Fund Christine Lagarde attend a G7 and Gender Equality Advisory Council meeting as part of a G7 summit in the Charlevoix city of La Malbaie, Quebec, Canada, June 9, 2018.

Please tell Prime Minister Trudeau and President Macron that they are charging the USA massive tariffs and create non-monetary barriers.

"It's a one-time shot and I think it's going to work out very well", Trump told reporters during a lengthy press briefing at the conclusion of the G7 meeting in Quebec on Saturday afternoon.

President Trump said retaliation tariffs from his allies were a "mistake" and warned that if it got as far as a trade war, then the United States would "win that war a thousand times out of a thousand".

Trudeau on Saturday said the U.S., Canada, Britain, France, Germany, Italy and Japan figured out "consensus language" they could all agree to.

The summit comes amid a fractured moment for US alliances after the tariffs the USA imposed last week on Canada, Mexico and the European Union.

British Prime Minister Theresa May said the other G7 leaders registered their "deep disappointment at the unjustified decision by the U.S." on its closest allies.

French President Emmanuel Macron stared at Trump after he sat down.

Leaders of the G7 group of nations will continue their meeting in Canada today. And we charge nothing, ' Trump said.

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Russian Federation was suspended in 2014 because of its annexation of Crimea from Ukraine.

He said he suggested cutting all of the tariffs, duties and even government subsidies among the G7 countries, and said other leaders would "go back to the drawing board and check it out".

Although Trump said the tariffs are necessary to protect US industry, Canada and the European Union have denounced them as illegal and are preparing retaliatory measures.

Trump's statement was made just before he left: the U.S. president has been at odds with the G-7 countries over mounting import duties disagreements.

Trudeau didn't answer when a reporter asked him if he was happy Trump would be leaving the gathering early for a planned summit next week with Kim Jong Un.

"At the same time we will not stop trying to convince our American friends and President Trump that undermining this order makes no sense at all, because it would only play into the hands of those who seek a new post-West order where liberal democracy and fundamental freedoms would cease to exist".

Straight from the alpha male playbook, Macron first gripped Trump above the elbow, offered his hand palm up and then they pumped hands for several seconds. Earlier this week, White House economic adviser Larry Kudow said that Trump was not looking to withdraw from the agreement and was instead trying to negotiate separate deals with Mexico and Canada.

Trudeau responded, "I'd say NAFTA is in good shape", and they both cracked up.