Online Broadband Guide
Online Broadband Guide

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 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.



editors' picks

June 02, 2018
Activists slam Denmark for ban on Islamic full-face veil
Still, the law has become known as a " burqa ban" directed at Muslim women who wear veils as part of their spiritual practice. People can also be required to remove facial coverings in order to match them with their identity papers.

May 29, 2018
Rain suspends day 2 of French Open; Nadal match in progress
Another former Paris victor , Stan Wawrinka , bowed out after a three-and-a-half hour marathon against Guillermo Garcia-Lopez. He returned to training in March and fell to successive first-round defeats at Indian Wells and the Miami Open.

May 29, 2018
Hawaii street swallowed by 'lava tide' as many more homes burn
Lava flows from Hawaii's Kilauea volcano can be seen from space, according to imagery from two different space agencies. Hawaii News Now reported that the man was eventually guided safely off his property by emergency crews.

May 26, 2018
Malaysia court sentences Australian woman to death for drug-trafficking
When Westerners are caught by the laws, officials in the region say, they can not expect a double standard to apply. However, prosecutors appealed the decision, which effectively barred her from returning home to Sydney.

May 25, 2018
Amazon Alexa heard and sent private chat
The unusual behaviour was the result of a misheard command for which Amazon adjusted Alexa to not laugh unsettlingly at random. Danielle told KIRO 7 that the device did not tell her that it would be sending the recorded conversations.

May 22, 2018
Andy Warhol's Magazine Is Closing Down
Interview Magazine , founded by Andy Warhol and British journalist John Wilcock in 1969, has shuttered after nearly 50 years. Staff of the publication , which has filed for chapter seven bankruptcy, were informed of the decision in a meeting today.

May 22, 2018
Trump And South Korean President Plot Strategy On North Korean Nukes
Won Jong-hyok, a Beijing correspondent for North Korea's state-run Rodong Shinmun. Unification Minister Cho Myoung-gyon expressed regret on Tuesday.

May 22, 2018
Pompeo waging psychological warfare to undermine Iran's economy: former official
Pompeo is laying out an onerous list of 12 "basic requirements" demands on Iran that he says should be included. U.S. negotiators tried unsuccessfully to get Iran to admit it tried to build one in the early 2000s.

May 18, 2018
Arsene Wenger reveals why he's backing Man City coach
It is understood the former midfield hardman, who made 406 appearances for the club, was angered by the token gesture with Arteta nearly certain to be given the gig.

May 17, 2018
OnePlus' Bullets Wireless headphones are here to take on Google's Pixel Buds
As with any OnePlus device, the OnePlus 6 is handsome and functional in equal measure - now, with more screen than ever before. You won't have to wait long to get one of these, as the OnePlus 6 release date is set for May 22 in the USA and Europe.