Trump says no new NAFTA deal without five-year sunset clause

Trump says no new NAFTA deal without five-year sunset clause

Trump says no new NAFTA deal without five-year sunset clause

US President Donald Trump said on Saturday that he has asked US representatives not to endorse the joint statement put out by the Group of Seven leaders after Canadian Prime Minister Justin Trudeau's "false statements" at a news conference.

Christinne Muschi / Reuters U.S. President Donald Trump speaks to the press as he leaves the G7 Summit in La Malbaie, Que. on Saturday.

Trump's tweets taking aim at the leader of a country that has always been a US ally came after the president left the G7 summit in Canada to travel to Singapore ahead of a planned diplomatic meeting with North Korean Leader Kim Jong Un.

The G7 summit ended in farce and a renewed threat trade war Saturday as US President Donald Trump rejected an attempt to write a consensus statement and bitterly insulted the Canadian host.

"This agreement.is good news and it marks a collective desire to stabilise things", Mr Macron said.

He said US farmers had been harmed by tariffs and other barriers and warned that USA trading partners would need to provide him with more favorable terms.

Speaking before his departure from the G7 summit in Quebec on Saturday, Trump also defended the punishing steel and aluminium tariffs he has imposed on his fellow G7 leaders - all of whom are feeling the sting of those newly imposed measures. Italian Prime Minister Giuseppe Conte welcomed Trump's idea to bring Russian Federation back, saying that "it is in everyone's interest".

Trump's utopian idea was greeted with skepticism, but he appeared to take it seriously, arguing that the United States had been taken for a ride by the rest of the world.

"Very dishonest & weak", Trump continued.

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"We're either going to have NAFTA in a better negotiated form or we're going to have two deals", the USA president said. "Our Tariffs are in response to his of 270% on dairy!"

"Looking forward to straightening out unfair Trade Deals with the G-7 countries", Trump said.

White House officials did not immediately respond to requests for comment on the characterisations by these officials of Trump's remarks or attention to the presentations.

A German government official said the plan would see direct talks between the European Union and the U.S. start straight away, and last around two weeks, focused on how much, or whether, European Union trade policy endangers USA national security interests.

Trump attacked Canadian Prime Minister Justin Trudeau in a set of tweets sent after departing the summit ahead of schedule.

The president is flying to Singapore to meet with North Korea's Kim Jong Un.

Still, the USA and European Union will establish a dialog on trade within the next two weeks, signaling a modest step forward for the bitterly divided allies of the G7.

Canada wants a deal too, but the Trudeau government views the U.S.'s proposed five-year sunset clause as a non-starter.

Trump, who repeated that his tariffs are meant to protect US industry and workers from unfair worldwide competition, told reporters he had suggested to the other G7 leaders that all trade barriers, including tariffs and subsidies, be eliminated.

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