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Published: Wed, June 13, 2018
Economy | By Melissa Porter

Italy's new PM says to take 'moderate' line on tariffs at G7

Italy's new PM says to take 'moderate' line on tariffs at G7

A later statement, released by a member of Mr Trudeau's communications team on Twitter, said there was nothing new in the Prime Minister's press conference. Later, the document was made public.

In response, Trudeau's office said the prime minister had "said nothing he hasn't said before - both in public, and in private conversations with the president" while an European Union official told dpa the bloc would "stick to the communique as agreed by all participants".

President Donald Trump fired off what appeared to be some passive-aggressive tweets to world leaders on Thursday, one day before he is set to meet G7 leaders for a summit in Canada.

"We have put up with Trade Abuse for many decades - and that is long enough".

Trump turned heads last week by slapping steel and aluminum tariffs on Canada and the E-U, provoking retaliation and widespread worry of a brewing trade war...and he didn't let up.

The G7 summit came after the Trump administration announced last week to impose tariffs on steel and aluminum imports from the European Union (EU), Canada and Mexico, which has drawn strong opposition from the domestic business community and quick retaliation from USA major trading partners. But the lead ministers from both countries talked trade on the sidelines of the G7 leaders' meeting on Friday.

"Trump did not want to be isolated", Macron said.

He said retaliatory measures against the U.S. would come into place on July 1, even though it was "not something we want to do".

Trudeau and the other G7 leaders used their meeting to try to persuade Trump to abandon the tariffs, which affect all of America's G7 allies. "But he doesn't bring up the fact that they charge us up to 300% on dairy - hurting our Farmers, killing our Agriculture", the USA president said. "We're not looking to play games", Trump added. In a Twitter post on Saturday, Trump said Conte would visit Washington "shortly" and said: "He will do a great job - the people of Italy got it right!"

Newly appointed Italian Prime Minister Giuseppe Conte speaks during his first session at the Senate in Rome, Italy, June 5, 2018.

Russian Federation was expelled from the Big eight in 2014 after the annexation of Crimea and military aggression in Donbas. "What was strong was the language that this can not go on, but the relationships are very good".

Asked about Trump's tweets and the future of the G7 late Saturday during a photo op in La Malbaie, Trudeau declined to respond to several questions.

Yesterday NZT, the White House issued a statement saying Trump and Canadian Prime Minister Justin Trudeau were very close to a deal to rework the North American Free Trade Agreement.

"He really kind of stabbed us in the back", Kudlow said.

"If you have a strategy, do not explain your strategy before the meeting - because if you are explaining your strategy before the meeting, you are losing your strategy", European Commission President Jean-Claude Juncker told reporters. He said he expressed to Trump "that Canadians did not take it lightly that the United States has moved forward with significant tariffs on our steel and aluminum industry".

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