Trump issues warning to trade partners over retaliatory tariffs

President Trump speaks on the phone with Australian Prime Minister Malcolm Turnbull in the Oval Office on Jan. 28 2017

President Trump speaks on the phone with Australian Prime Minister Malcolm Turnbull in the Oval Office on Jan. 28 2017

President Donald Trump delivered a stern warning on trade to foreign countries at the Group of Seven summit on Saturday, advising trading partners not to retaliate against us tariffs on the imports of steel and aluminum.

The Trudeau government has told President Donald Trump he needs to get rid of the punishing US tariffs on Canadian steel and aluminum if there is any hope of successfully renegotiating the North American Free Trade Agreement.

"If the expectation was that a weekend in attractive Charlevoix surrounded by lovely people was going to transform the president's outlook on trade and the world, then we didn't quite perhaps meet that bar" - Trudeau acknowledges the deep divide between the U.S. and fellow G7 members in an end of summit press conference.

Just hours after Canadian Prime Minister Justin Trudeau announced that all members of the G7 had signed a joint statement, President Donald Trump took a jab at him on Twitter.

The group of seven nations that make up the G7 are Canada, France, the U.S., the UK, Germany, Japan and Italy.

Ben Nelms / Reuters Canada's Minister of Finance Bill Morneau holds a news conference after the G7 Finance Ministers Summit in Whistler, B.C. on June 2, 2018.

"Prime Minister Trudeau is being so indignant, bringing up the relationship that the USA and Canada had over the many years and all sorts of other things.but he doesn't bring up the fact that they charge us up to 300 percent on dairy - hurting our Farmers, killing our Agriculture!"

"Very dishonest & weak", Trump continued.

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Trump himself told reporters on Saturday that the summit was not contentious and called his relationship with G7 allies a "10". "But we're getting them worked out, slowly but surely".

Responding to Trump, Trudeau's spokesperson Cameron Ahmad said: "We are focused on everything we accomplished here at the G7 summit".

"On NAFTA we either leave it the way it is as a three-some deal with Canada, the United States and Mexico and change it very substantially - we're talking about very big changes. We strive to reduce tariff barriers, non-tariff barriers and subsidies", it said, reflecting the typical language of decades of G7 statements.

The tweets will be a serious and completely unexpected blow to the French president Emanuel Macron and the German chancellor Angela Merkel, who believed a deal to smooth over tensins on US-European trade had been agreed. Trump will then head to Singapore ahead of his highly-anticipated meeting with North Korean leader Kim Jong Un on Tuesday.

"The rules-based global order is being challenged, not by the usual suspects but by its main architect and guarantor: the United States", said Donald Tusk, president of the European Council.

French President Emmanuel Macron's thumb left a literal imprint on President Donald Trump's hand at the G7 summit in Canada as they continued their tradition of intense handshakes. Mr. Trump said the move would protect domestic producers that were vital to USA security.

"The Prime Minister said nothing he hasn't said before - both in public, and in private conversations with the President", the Prime Minister's Office said in a statement. "Or we'll stop trading with them". Russian Federation joined the G-7 in the 1990s, making it the Group of Eight, but was expelled after its annexation of Crimea in 2014.

Trump's comments Friday on Russian Federation also could alienate him from his own party.

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