Trump vows to have fair trade relations with other countries

IANS  |  Quebec City 

US warned on Saturday at the Summit here that the US will do whatever is necessary for his country to have fair trade relations with other countries.

The US gave a press conference at the seat of the summit in the Canadian town of shortly before he left the meeting to head for Singapore, where on June 12 he will meet with North Korean leader Kim Jong-un, reported.

About that meeting, Trump said "within the first minute, I'll know" whether the North Korean leader wants to negotiate seriously with the US. "My touch, my feel -- that's what I do."

About trade matters, which Trump admitted has become the main topic of discussion at the Summit at La Malbaie, the US said his country is being treated unfairly by everyone and that he's "going to deal with the unfair trade practices" of other members.

Trump threatened that the US will stop trading with countries that maintain tariffs on his country's exports, particularly in the agricultural sector, and that he has launched the idea of eliminating all trade duties, because "ultimately that's what you want. You want a tariff free. You want no barriers. And you want no subsidies".

According to Trump, it's not fair that other countries like and "have trade barriers against our farmers."

The repeated once more that it would be a good idea for to return to the G7 and insisted that at the summit, some have liked the idea.

"Why are we having a meeting without being in the meeting?" Trump asked. "It's up to them, but should be in the meeting." At least one country, Italy, agreed.

Trump said he hasn't talked with for some and justified his proposal because the reincorporation would be good for the world, for Russia, for the and for the G7 countries.

Trump wouldn't discuss the reasons why Russia was expelled from the group in 2014, specifically because of its annexation of the Ukrainian territory of Crimea, but blamed his predecessor, Barack Obama, for allowing it to happen, and said he would have done things very differently.

The argued that the invasion and annexation happened a long ago and that a (G7 plus Russia) makes more sense than the G7.

Finally, Trump rejected as "fake news" a question by about his tense relations with other G7 leaders, especially Germany's Angela Merkel, France's and Canada's

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, June 10 2018. 00:52 IST