European Union sets July timeframe for USA tariff reprisals

U.S. President Donald Trump’s economic adviser Larry Kudlow says Trump

U.S. President Donald Trump’s economic adviser Larry Kudlow says Trump"hates multilateral"

In response, Trump reportedly shot back: "Didn't you guys burn down the White House?". European allies have urged Trump to reconsider.

Asked if the administration will respect decisions from the World Trade Organization on tariffs, Kudlow said that "international multilateral organizations are not going to determine American policy".

"We know certainly that there will be frank and sometimes hard discussions around the G7 table, particularly with the United States president on tariffs", Trudeau told reporters.

That move unleashed fury in the Group of Seven industrialised nations and prompted quick retaliation from Canada and Mexico and a promise from the European Union to do so as well, unnerving investors who fear a trade war that could derail the global economy.

Trump is an absolute embarrassment to this country, and now he's off to a G7 summit to embarrass us on the national stage again. Yesterday, we found out that, back in May, Donald Trump had a call with Canadian prime minister, Justin Trudeau, where they discussed the tariffs that the USA was going to impose on Canada.

That plan fell through when the White House tried to insist that he agree to including a so-called "sunset clause" in the deal.

That statement said "we reiterate our commitment to keep our markets open and to fight protectionism, while standing firm against all unfair trade practices".

The Trump administration has threatened to impose sanctions against European companies that continue to do business with Tehran, an effort the United States has said it will resist.




Trump economic advisor Larry Kudlow, however, framed the trade spat as a "family quarrel" which he said would be "worked out", while adding that his administration "will do what is necessary to protect the United States, its businesses and its workforce".

The US tariffs have been condemned by nations across the world, with Canada last week announcing it will impose tariffs on as much as $C16.6 billion of US steel, aluminium and other products from July 1.

"Canada's position is and always has been that the trilateral approach is actually better for Canada, Mexico and the United States. I think the president's made that very clear".

The meeting comes after a gathering of G-7 finance ministers concluded last week with a message of "concern and disappointment" to Trump from the other six countries.

Kudlow also insisted that the U.S. relationship with Canada, in particular, was still "very good". They're not admiring us.

"I know we're going to have some very, very frank conversations quite clearly around the table", Mr Trudeau told Global TV, adding he would convey Canada's displeasure over the tariffs personally when he meets Mr Trump in Quebec.

Trump raised the issue of USA vehicle imports with Abe at a meeting in Washington and said he wanted more investment plants in the American industrial heartland of Michigan, Pennsylvania and Ohio.

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