• Trump vows to deal with 'unfair trade' ahead of tense G7 summit

    11 days ago - By Reuters

    LA MALBAIE, Quebec - U.S. President Donald Trump lashed out at Canada and the European Union on Friday, setting the tone for a hostile Group of Seven summit and raising the specter of a trade war that has unnerved Washington's top allies as well as investors.
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  • Trump vows to 'straighten out' G7 trade ahead of tense meeting

    11 days ago - By Reuters

    LA MALBAIE, Quebec - U.S. President Donald Trump lashed out at Canada and the European Union on Friday and said he plans to leave a meeting with leaders of the Group of Seven nations early as fears of a trade war ratcheted higher.
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  • Trump threatens to escalate trade war, on eve of a G7 summit that he doesn't even want to go to

    Trump threatens to escalate trade war, on eve of a G7 summit that he doesn't even want to go to

    11 days ago - By Business Insider

    Trump threatened to escalate a trade war with the EU and Canada the night before he meets their leaders at the G7 summit.
    He hit out at the EU and Canada for imposing tariffs on US goods, which were imposed in response to US tariffs on their exports.
    Trump threatened to impose even more tariffs against those countries if they did not take down their barriers to US trade.
    EU and Canadian leaders also appeared ready to unite against Trump at the upcoming G7 summit.
    Trump reportedly didn't even want to go to the meeting in the first place.
    Donald Trump has threatened to escalate a global...
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    11 days ago - By Business Insider

    Here is what you need to know.
    The G7 kicks off. "Prime Minister Trudeau is being so indignant, bringing up the relationship that the U.S. and Canada had over the many years and all sorts of other things," Trump tweeted Thursday. "But he doesn't bring up the fact that they charge us up to 300% on dairy - hurting our Farmers, killing our Agriculture."
    China's trade surplus narrows - but not with the US. China's overall trade surplus unexpectedly narrowed to $24.92 billion in May while its trade surplus with the US widened to $24.58 billion.
    Homes in America are selling at a record pace. The...
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  • Trump vs. Everyone: What You Need to Know About This Year's G7 Summit

    11 days ago - By Fortune

    This year's G7 summit, which begins Friday in Canada, is set to be unusually ill-tempered, with the U.S. facing off against the other six in the group: Germany, France, Italy, Canada, Japan and the U.K.
    But what is the G7, and why is the outlook for this year's meeting so glum? Here's what you need to know.
    What is the G7?
    The Group of Seven includes the work's richest countries, the leaders of which meet each year in order to discuss and coordinate their economic policies. The G7's finance ministers meet more often.
    Officials from the European Union also attend the meetings. This year's...
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