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Trump pitches ending trade tariffs at G-7 summit: Reports

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ANI La Malbaie [Canada]
Last Updated : Jun 09 2018 | 10:10 AM IST

United States President Donald Trump, who is attending two-day Group of Seven summit in Canada's La Malbaie, reportedly pitched the idea of discarding all tariffs and trade barriers between the US and its G-7 allies at the summit.

"We should at least consider no tariffs, no barriers - scrapping all of it," the US media reported Trump, as saying to the assembled leaders.

Trump's latest suggestion is ironic as it comes amid a tit-for-tat trade war, which the US President launched lately.

Canadian Prime Minister Justin Trudeau reportedly challenged Trump's remarks, asking, "What about subsidies?"

Politico reported that leaders present for the meeting took Trump's suggestion as largely rhetorical.

Optimistically responding to Trump's suggestion, German Chancellor Angela Merkel, is reported to have told him, "We'll take it as a starting point."

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Earlier on Friday, Trump had a spat with French President Emmanuel Macron and Canadian Prime Minister Justin Trudeau over Twitter, lashing out at them in a series of tweets over the criticism on U.S' imposition of trade tariff.

"Why isn't the European Union and Canada informing the public that for years they have used massive Trade Tariffs and non-monetary Trade Barriers against the U.S. Totally unfair to our farmers, workers & companies. Take down your tariffs & barriers or we will more than match you!," Trump tweeted on Friday.

"Prime Minister Trudeau is being so indignant, bringing up the relationship that the U.S. and Canada had over the many years and all sorts of other things...but he doesn't bring up the fact that they charge us up to 300% on dairy - hurting our Farmers, killing our Agriculture!," Trump wrote in another tweet.

In another Twitter post, Trump wrote, "Please tell Prime Minister Trudeau and President Macron that they are charging the U.S. massive tariffs and create non-monetary barriers. The EU trade surplus with the U.S. is $151 Billion, and Canada keeps our farmers and others out. Look forward to seeing them tomorrow."

On May 31, the US had announced the imposition of 25 and 10 percent tariffs on steel and aluminum respectively on three of its biggest trading partners - Canada, Mexico and the European Union (EU).

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Jun 09 2018 | 10:10 AM IST

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