President Donald Trump launched a final parting shot at U. S. trading partners on Saturday, shortly after leaving the G7 summit en route to a\u2026<\/b>
\nPresident Donald Trump launched a final parting shot at U. S. trading partners on Saturday, shortly after leaving the G7 summit en route to a highly anticipated summit with North Korean Leader Kim Jong Un.
This year\u2019s summit produced \u201cgreat meetings and relationships\u201d with the G7 leaders, \u201cespecially since they know I cannot allow them to apply large Tariffs and strong barriers to U. S. A. trade,\u201d Trump wrote on Twitter.
The G7 partners \u201cfully understand where I am coming from,\u201d the president added. \u201cAfter many decades, fair and reciprocal Trade will happen.\u201d
\u2026 U. S. A. Trade. They fully understand where I am coming from. After many decades, fair and reciprocal Trade will happen!
\u2014 Donald J. Trump (@realDonaldTrump) June 9,2018
Trump\u2019s remarks followed a contentious two days of meetings in Quebec, where he was at odds with the other G7 leaders over his recent actions on trade, which include heavy tariffs on steel and aluminum from Canada, Japan and the European Union. The protectionist measures have outraged foreign leaders, who denounced Trump\u2019s use of national security to justify the tariffs and threatened retaliatory measures against U. S. goods. (RELATED: Justin Trudeau Says Canada Will Retaliate Against US Over Trump\u2019s Steel Tariffs)
\u201cWe\u2019re like the piggy bank that everybody is robbing,\u201d Trump said before vowing that \u201cit\u2019s going to stop\u201d or \u201cwe\u2019ll stop trading with them.\u201d
Still, Trump did strike some conciliatory notes on Saturday, insisting that Washington\u2019s relationship with the G7 partners was still \u201ca 10.\u201d He also said previous American leaders were more responsible for U. S. trade deficits than foreign governments.
\u201cI blame our past leaders for allowing this to happen,\u201d Trump said, adding that his immediate predecessor, former President Barack Obama, was just one in a long line of presidents who have supposedly led the U. S. astray on trade.
\u201cYou can go back 50 years, frankly,\u201d he said.
The EU and Canada have described the U. S. metal tariffs as illegal and have threatened to impose their own tariffs if Washington doesn\u2019t change course by next month. Canada will move forward with dollar-for-dollar tariffs on American steel and aluminum beginning July 1 and remaining in place until the U. S. ends its own tariffs, Canadian Prime Minister Justin Trudeau said Saturday.
Washington and Ottawa are also at odds over revisions to the North American Free Trade Agreement, particularly the issue of adding a sunset clause that would trigger new negotiations every five to ten years. At the press briefing Saturday, Trump said negotiators are \u201cpretty close on the sunset provision,\u201d but Trudeau later said he was opposed to an expiration date of any length, the Associated Press reported.
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