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G7 finance ministers call U.S. out on divisive tariffs

G7 finance ministers call U.S. out on divisive tariffs

Morneau, who presided at the ministerial meeting, said that even though the group found common ground on many subjects, G7 members are now forced to do whatever they can to persuade Trump to withdraw the tariffs. "They are (Canada) very restrictive as to taking our agricultural product and other things", he said. In the joint statement, the six finance ministers called for "decisive action" from the US - adding that their goal is to convince the U.S.to move back from these tariffs.

Allies including Canada and the European Union are threatening retaliatory tariffs in hope of forcing Trump to back down from his position.

"We're putting the same kinds of tariffs exactly on steel and aluminum coming from the United States into Canada to be directly reciprocal".

Canadian Prime Minister Justin Trudeau, in an interview with NBC, expressed his surprise over the fact that the United States is treating Canadian steel and aluminum as a threat to national security.

"We are deeply disappointed that the U.S. has chose to apply tariffs to steel and aluminum imports from the European Union on national security grounds", according to a statement from the British government.

The US president's escalated rhetoric came after Mr Trudeau expressed frustration over Mr Trump's decision to end an exemption for Canada and other allies from steel and aluminum tariffs.

The US tariffs are "absurd", as Canadian metal sales are no security risk to the US and the measures would destroy jobs on both sides of the border, Morneau has said previously.

Canada announced last week it will impose retaliatory tariffs on $12.8 billion worth of United States goods in response to Trump's metals tariffs.

The tariffs amount to 25 percent on steel and 10 percent on aluminum. "It can be solved if people work together", Kudlow said.

In a call to Trump last Friday, Trudeau offered to meet Trump because he felt they were close to an agreement that only required a "final deal-making moment".

Mnuchin, regarded as one of the more moderate trade voices in Trump´s cabinet, said the issue may need to be resolved by G7 leaders at a summit next week in Charlevoix, Quebec, officials attending the meetings said.

President Trump on Saturday blasted critics who accused him of starting a trade war, saying the US has been losing the trade war for years.

"But we are not in a trade war", he said Sunday on CNN's "State of the Union".

Chrystia Freeland told CBC Radio's The House the government will support Canadian metal workers from the fallout of USA tariffs.

Juncker said that the European Union "believes these unilateral United States tariffs are unjustified and at odds with World Trade Organization rules". Mexico's presidential election is one month away and the U.S. Congressional midterms follow in the fall.

Trudeau told reporters Trump's move effectively scuttled efforts to negotiate a revised North American Free Trade Agreement deal among the U.S., Mexico and Canada by demanding that Canada agree to a five-year "sunset clause", which Trudeau rejected.

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