The G7 (Trump + 6) Summit in France
[Headlines from DRJ]
In the US, the media sees the G7 summit as Trump facing limits of go-it-alone stance:
BIARRITZ, France (AP) — President Donald Trump arrived Saturday in France for an international summit with the leaders of the globe’s economic powers as he confronts the consequences of his preference for going it alone, both in a sharply divided United States and an interconnected world. The meeting of the Group of Seven nations — Britain, Canada, France, Germany, Italy, Japan and the U.S. — in the beach resort town of Biarritz comes at one of the most unpredictable moments in Trump’s White House tenure, with his public comments and decision-making increasingly erratic and acerbic of late.
Trump, growing more isolated in Washington, faces a tepid reception on the world stage, where a list of challenges awaits. Anxiety is growing over a global slowdown , and there are new points of tension with allies on trade, Iran and Russia.
Fears of a financial downturn are spreading, meaning the need for cooperation and a collective response is essential. Yet Trump has ridiculed Germany for its economic travails at a time when he may have to turn to Chancellor Angela Merkel and others to help blunt the force of China’s newly aggressive tariffs on U.S. goods. Those trade penalties, combined with the economic slowdown, have raised political alarms for Trump’sreelection effort.
Meanwhile, in France, an Isolated Trump descends on G7, talking trade war:
An isolated President Donald Trump arrived Saturday for the G7 summit in Biarritz bearing threats of tariffs against host France and a decision to deepen his trade war with China, despite fears of US or even global recession.
Trump dislikes the kind of multilateral forums epitomized by the G7, insisting on a policy of “America first” and his own skills, honed in a real estate career, of one-to-one deal making.
Ahead of the summit in the elegant French seaside resort, he has criticized most of his partners, rowing with them over Iran, trade, global warming and Brexit. And on the eve of his trip, he brushed aside concerns of global economic slowdown to exchange new tariffs with China, insisting “we’ll win.”
Finally, in China, no reports about the G7 — of which China is not a member — but there are several reports about Trump and tariffs including China adds crude oil to tariffs list for first time in targeted retaliation against US:
Beijing will also resume imposing duties on American cars in what observers say is a restrained but focused response to latest US tariffs.
State media commentary says it was designed to ‘inflict pain on the US manufacturing sector’ and rattle US financial markets.