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Trump at G7: US president calls for end to tariffs and trade barriers | Trump at G7: US president calls for end to tariffs and trade barriers |
(35 minutes later) | |
US President Donald Trump says he proposed the elimination of tariffs in talks at the G7 summit in Canada, as the major industrial nations struggled to resolve differences on trade. | US President Donald Trump says he proposed the elimination of tariffs in talks at the G7 summit in Canada, as the major industrial nations struggled to resolve differences on trade. |
Mr Trump said talks with fellow leaders were "extremely productive" despite tensions over his decision to impose tariffs on steel and aluminium imports. | Mr Trump said talks with fellow leaders were "extremely productive" despite tensions over his decision to impose tariffs on steel and aluminium imports. |
US allies were furious over the move, raising fears of a global trade war. | US allies were furious over the move, raising fears of a global trade war. |
Mr Trump left early for a landmark meeting with North Korea's leader. | Mr Trump left early for a landmark meeting with North Korea's leader. |
He is travelling to Singapore to meet with Kim Jong-un on Tuesday to try to persuade him to give up the country's nuclear weapons. | He is travelling to Singapore to meet with Kim Jong-un on Tuesday to try to persuade him to give up the country's nuclear weapons. |
G7 leaders are yet to comment on Trump's free trade remarks, but the official Instagram account of German Chancellor Angela Merkel posted a photo of the leaders gathered in what appeared to be a tense meeting. | |
What did Trump say? | What did Trump say? |
Briefing reporters before he left the town of La Malbaie, in Quebec province, Mr Trump denied that the G7 summit had been contentious. | Briefing reporters before he left the town of La Malbaie, in Quebec province, Mr Trump denied that the G7 summit had been contentious. |
"No tariffs, no barriers. That's the way it should be. And no subsidies. I even said, 'no tariffs'," the US president said, describing his meetings with fellow Group of Seven leaders as positive "on the need to have fair and reciprocal trade". | "No tariffs, no barriers. That's the way it should be. And no subsidies. I even said, 'no tariffs'," the US president said, describing his meetings with fellow Group of Seven leaders as positive "on the need to have fair and reciprocal trade". |
"The United States has been taken advantage of for decades and decades," he continued, describing America as a "piggy bank that everyone keeps robbing". | "The United States has been taken advantage of for decades and decades," he continued, describing America as a "piggy bank that everyone keeps robbing". |
But he said he did not blame G7 leaders for the "unfair" trade deals - instead blaming his American predecessors. | But he said he did not blame G7 leaders for the "unfair" trade deals - instead blaming his American predecessors. |
Angered by the high steel and aluminium tariffs, Canada, Mexico and the EU have all said they are all planning retaliatory measures. | Angered by the high steel and aluminium tariffs, Canada, Mexico and the EU have all said they are all planning retaliatory measures. |
President Trump warned against such moves, calling it a "mistake" and said if it gets as far as a trade war, then the US would "win that war a thousand times out of a thousand". | President Trump warned against such moves, calling it a "mistake" and said if it gets as far as a trade war, then the US would "win that war a thousand times out of a thousand". |
With divisions over trade laid bare, it still unclear whether a communique agreed by each G7 member will be released when the summit concludes later on Saturday. | With divisions over trade laid bare, it still unclear whether a communique agreed by each G7 member will be released when the summit concludes later on Saturday. |
Why are there divisions? | Why are there divisions? |
On 1 June, the US imposed a 25% tariff for steel and 10% for aluminium on imports from the EU, Canada, and Mexico. Mr Trump said the move would protect domestic producers that were vital to US security. | On 1 June, the US imposed a 25% tariff for steel and 10% for aluminium on imports from the EU, Canada, and Mexico. Mr Trump said the move would protect domestic producers that were vital to US security. |
The EU then announced tariffs on US goods ranging from Harley-Davidson motorcycles to bourbon. Canada and Mexico are also planning retaliatory moves. | The EU then announced tariffs on US goods ranging from Harley-Davidson motorcycles to bourbon. Canada and Mexico are also planning retaliatory moves. |
On Friday Canada's foreign minister called the tariffs "illegal ". European Council President Donald Tusk said they threatened the "rules-based international order". | On Friday Canada's foreign minister called the tariffs "illegal ". European Council President Donald Tusk said they threatened the "rules-based international order". |
UK Prime Minister Theresa May has said she wants the EU to act with restraint. | UK Prime Minister Theresa May has said she wants the EU to act with restraint. |
French President Emmanuel Macron said he believed all sides were willing to reach agreement. | French President Emmanuel Macron said he believed all sides were willing to reach agreement. |
What is the G7? | What is the G7? |
It is an annual summit bringing together Canada, the US, the UK, France, Italy, Japan and Germany, which represent more than 60% of global net worth between them. | It is an annual summit bringing together Canada, the US, the UK, France, Italy, Japan and Germany, which represent more than 60% of global net worth between them. |
Economics tops the agenda, although the meetings now always branch off to cover major global issues. | Economics tops the agenda, although the meetings now always branch off to cover major global issues. |
Russia was suspended from the group in 2014 because of its annexation of Crimea from Ukraine. On Friday, Mr Trump made a surprise call for Moscow to be readmitted, but German Chancellor Angela Merkel said other members were against the idea. | Russia was suspended from the group in 2014 because of its annexation of Crimea from Ukraine. On Friday, Mr Trump made a surprise call for Moscow to be readmitted, but German Chancellor Angela Merkel said other members were against the idea. |
Meanwhile, another international summit is being held in China. President Xi Jinping is hosting a meeting of the Shanghai Co-operation Organisation (SCO), a regional security bloc, in the eastern city of Qingdao. | Meanwhile, another international summit is being held in China. President Xi Jinping is hosting a meeting of the Shanghai Co-operation Organisation (SCO), a regional security bloc, in the eastern city of Qingdao. |
President Vladimir Putin of Russia, as well as leaders from Iran, India, Pakistan, and four central Asian leaders, are taking part. | President Vladimir Putin of Russia, as well as leaders from Iran, India, Pakistan, and four central Asian leaders, are taking part. |
What else is being discussed at the G7? | What else is being discussed at the G7? |
The five themes for this year's summit are: | The five themes for this year's summit are: |
Mr Trump was thought likely to miss the talks on climate change, the environment and probably gender equality on Saturday. | Mr Trump was thought likely to miss the talks on climate change, the environment and probably gender equality on Saturday. |
The US president was the odd man out on climate change during the G7 in Italy last year, later announcing his intention to withdraw from the landmark Paris agreement. | The US president was the odd man out on climate change during the G7 in Italy last year, later announcing his intention to withdraw from the landmark Paris agreement. |
Iran is also a sticking point. Mr Trump recently ditched the 2015 agreement aimed at curbing Iran's nuclear programme. This angered the other signatories who have since sought to shore it up. | Iran is also a sticking point. Mr Trump recently ditched the 2015 agreement aimed at curbing Iran's nuclear programme. This angered the other signatories who have since sought to shore it up. |