Very exceptionally, there was no joint final declaration at the end of the G7 meeting. ‘It is up to the United States to a trade war to avoid’, threatened the six others after Trump the import duty rates previously increased. The American president, however, remains.
“We still have a few days to take the necessary steps to take to a trade war between the EU and the US to avoid. And to a trade war between G7 members to avoid’, said the French Finance minister Bruno Le Maire, in the opinion of the Finance ministers from Canada, France, Germany, Italy, Japan and Great Britain.
“The ball is in the camp of the United States’, was the clear message from Le Maire to his American colleague Steven Mnuchin. ‘It is up to the U.S. government to make the right decisions, the glitches and the difficulties to be overcome.”
Canada and the European Union got earlier both to the world trade organisation after the US tariffs on steel and aluminum had increased to, respectively, 25 and 10 percent. The dissatisfaction is so great that there are very exceptional, not even a joint declaration came after the meeting of the seven largest economies in the Canadian Whistler.
American president Donald Trump showed himself to be on Twitter, meanwhile, is not impressed by the threats. “If you almost 800 billion less earn at trading, you can not afford to have a trade war to lose. The United States were years ripped off by other countries.”