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Home / World / Trump returns to China at the G7 summit and talks about trade with Japan

Trump returns to China at the G7 summit and talks about trade with Japan



President Trump rejected a threat to escalate his trade war with China, admitting that he had "just pondered" just two days after ordering US companies in Twitter statements that were causing turmoil in global markets British Prime Minister Boris Johnson said in his comments before breakfast that he had "currently no plans" to use the international emergency Economic Powers Act of 1977 to force companies to leave China, as a punishment for the country's trading practices.

"Well, I have the right to do that. If I wish, I could explain a national emergency, "Trump said at the beginning of one day of consultations with world leaders at the Group 7 summit in Biarritz, France.

But he added, "Actually, we're just fine with China. We're talking. I think they want to finish much more than me.

Mr. Trump's tone was a sudden departure from his more threatening and threatening statements, including a tweet that "ordered American companies to immediately look it up" for an alternative to China. "

In a series of later tweets, Mr. Trump responded to China's trafficking by further escalating tariffs on Chinese goods.

In France on Sunday, when Mr. Trump was asked if this was the case After thinking about his aggressive attitude towards China, he said, "Yeah, sure, why not?" But he did not give any further explanation which political positions he might reconsider.

"Could too. Could be, too, "he said. "I thought about everything."

President Trump has called on Sunday the new British Prime Minister Boris Johnson as "the right man" to conduct the Brexit, and talked about the prospects of supporting the project by concluding a "very large trade agreement" with Britain that's bigger than we've ever been before.

"I still hope Prime Minister Johnson does not like to go down in history as a Mr. No Deal," Tusk said.

President Trump made a breakthrough in talks with Japan on Sunday morning, stating that the United States is "very close" to a major trade agreement.

"We are working on a very big agreement with Japan and we are on the verge of getting it," he told reporters. "It will be one of the biggest deals we have ever made with Japan."

He did not disclose further details, although reports in Japan indicated that the negotiators had reached an agreement on a plan that would avoid Mr. Trump's threats to increase tariffs on Japanese cars.

Later, at the beginning of a personal meeting with Prime Minister Shinzo Abe of Japan, Mr. Trump again referred to a trade pact and suggested that he and Mr. Abe could make enough progress "we will probably know by the end of this meeting", he said.

Earlier in the day, Mr. Trump wrote his own relationship with Mr. Abe responsible for the rising men

When Russia joined the group in the late 1990s, "it was believed that it was the path of liberal democracy, the rule of law and human rights would tread. Said Mr. Tusk. "Is there anyone among us who can say with full conviction and not for business reasons that Russia is on that path?"

European Union officials have stated that Russia has other international forums, such as the Group of 20. These include countries such as China and Saudi Arabia, which are not democracies.

In particular, the administration officials cited China's industry subsidies, direct government involvement in corporate governance, regulations requiring companies to disclose technological secrets to enter the Chinese market, and theft of intellectual property. In particular, he criticized his trade rules in favor of developing countries, including China, although it now has the second largest economy in the world.

"No one reads the communiqués" written in advance, Mr Macron told reporters last week. Achieving agreement on the wording limits the debate and he wants it to flow freely, he said.

In a series of morning tweets from his hotel room on Sunday, Mr. Trump blamed the "false and disgusting news" for predicting that this year's meeting would end in disaster.

In fact, he insisted, "we have very good meetings, the leaders understand each other very well."

In trade and other matters, Mr. Trump has been angered by the assumption that member countries – sophisticated democracies with some of the largest economies in the world – have broadly agreed views.

President Trump ushered the likely tense phase into a day at the summit with some hilarious setbacks on Sunday when he met Boris Johnson, the new British Prime Minister, for breakfast, although disagreements were still apparent between them.

As Mr. Trump explained, "He's right man for the job," joked Mr. Johnson, "he's on notice.

But when Mr. Trump insisted that none of his colleagues questioned his China trade war at a Saturday night opening dinner, Mr. Johnson interrupted the President to do just that, praising Mr. Trump for his dealings with the American Economics, but questioned the wisdom of accepting protectionism, tariffs, and global trade oppression.

"We are all in favor of trade peace," said Mr. Johnson. A mild reprimand for Mr. Trump's aggressive trade stance towards allies and opponents.

"We believe Britain has benefited massively from free trade over the last 200 years, and we want to see that," he said, adding, "We do not like tariffs altogether."

Mr. Trump gave a brief reply to the Prime Minister and asked how the UK was "in the last three years," a reference to its recent economic stagnation.

Biarritz is usually a small, elegant seaside resort known for good surfing, but it now resembles an almost impenetrable armed camp.

The local airport and train stations have been closed for the duration of the summit, there is a no-fly zone above, boats are prohibited or severely restricted in parts of the island. The coast and several roads leading into the heart of the city have been closed. On the beach, where the world leaders are, cars are locked, and access to the city center is strictly controlled even for the local residents.

August is the high season for tourists, and shopkeepers and restaurant owners fear business is suffering, even though they are French Officials insist that the legions of officials and journalists who come to Biarritz compensate for the loss of tourists. As the summit approached, local merchants saw the unusual sights of empty cafes, quiet streets and quiet beaches.

Michael Shear and Peter Baker from Biarritz, France, reported; Steven Erlanger and Matina Stevis-Gridneff from Brussels; Aurelien Breeden from Paris; and Richard Pérez-Peña and Stephen Castle from London.


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