G7 summit: Trump Vs. G6 leaders on trade and climate change

g7 summit

Participation of Jean-Claude Juncker, President of the EC, at the G7 Summit, in Canada Jean-Claude Juncker, Angela Merkel, Theresa May, Giuseppe Conte, Donald Tusk, Emmanuel Macron, Donald Trump, Justin Trudeau, Shinzō Abe Date: 08/06/2018. © European Union , 2018 Source: EC – Audiovisual Service

US President Donald Trump continued yesterday his fierceful critic to Canadian Prime Minister Justin Trudeau in the aftermath of last weekend’s G7 summit which took place in La Malbaie, Quebec, Canada with the seven largest advanced economies in the world to discuss about gender equality, women’s empowerment, clean energy, and economic growth that works for everyone.

However, the G7 summit was overshadowed by US president Donald Trump’s trade policy to impose tariffs on metals to EU, Canada and Mexico together with the fact that he left before the official climate talks begin showing his distinct stance to drop off the Paris agreement. Nevertheless, the remaining six countries (G6) put the climate agenda on the top of the discussions in an attempt to address this long-lasting issue.

Will US begin trade wars?

US administration announced on May 31 that will start imposing to EU, Canada and Mexico a 25% duty on steel and a 10% duty on aluminium. This move was not left unanswered by the EU officials who stated that will fight back with tariffs on US goods and a case at the World Trade Organisation in Geneva. German Chancellor Angela Merkel also pointed that Europe will have to act accordingly by announcing countermeasures while German Economy Minister Peter Altmaier said that “the EU will defend its interests and that the US would ultimately lose out if the US were determined to escalate the trade spat”.

This matter was brought again in the G7 summit when Justin Trudeau criticized US president’s trade policy as “insulting” in a news conference that concluded the summit. The response by Donald Trump was a tweet mentioning Trudeau as “dishonest & weak” and his remarks as “false statements”. More in detail, Mr Trump said: “Based on Justin’s false statements at his news conference, and the fact that Canada is charging massive Tariffs to our U.S. farmers, workers and companies, I have instructed our U.S. Reps not to endorse the Communique as we look at Tariffs on automobiles flooding the U.S. Market! PM Justin Trudeau of Canada acted so meek and mild during our @G7 meetings only to give a news conference after I left saying that, US Tariffs were kind of insulting and he will not be pushed around. Very dishonest & weak. Our Tariffs are in response to his of 270% on dairy!”

Despite all that, US President carried on yesterday saying that the “US had a big trade deficit with Canada and that a little balance was needed.” It is up to the diplomats now to ameliorate the relationship between the two trading partners. The latter is about the start this week when Canadian foreign affairs minister Chrystia Freeland will travel to Washington targeting on trade talks in an attempt to alter the deteriorating  situation and prevent a possible trade war.

US supports fossil fuels

The Trump administration was in favor of the promotion of fossil fuels in a more effective way expressing its clear difference from the other countries as far as the climate change strategy is concerned. More specifically, it was stated in the Charlevoix G7 Summit Communique that: “The United States will endeavour to work closely with other countries to help them access and use fossil fuels more cleanly and efficiently. The United States believes in the key role of energy transitions through the development of market-based clean energy technologies and the importance of technology collaboration and innovation to continue advancing economic growth and protect the environment as part of sustainable, resilient and clean energy systems.”

However, Canada, France, Germany, Italy, Japan, the United Kingdom, and the European Union mentioned that will strongly support the Paris agreement via ambitious climate change action.

Can the G6 nations fight climate change without US?

US president separated his position from the rest leaders on climate change. Apart from the fact that US will support cleaner fossil fuels, Donald Trump left before the climate session begins where the G6 discussed the agenda without the largest economy in the world (in nominal GDP terms). The French President commented on the US president’s action: “On the climate, we have an ambitious position at 6, without the United States. This is not new”.

The G6 leaders pledged with more climate action and increase of climate finance. Their exact words stated in the G7 Summit Communique: “We reaffirm the commitment that we have made to our citizens to reduce air and water pollution and our greenhouse gas emissions to reach a global carbon-neutral economy over the course of the second half of the century.” What is more, the Canadian Prime Minister highlighted the considerable improvement on climate discussions that was made during this summit.

All in all, it will be very hard to prevent the trade war that the US began which is most likely going to cause severe consequences to all involving parties. Apart from this though, climate change should be addressed more extensively now that the US is about to abandon the Paris agreement leaving a huge gap behind together with the fact that there are still significant unsolved issues such as the preparation of the Paris agreement rulebook.

 

Advertising

Advertising

Advertising

Advertising

Advertising

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

Parliament cuts own spending to facilitate agreement on EU budget

New Zealand will have a new ‘well-being budget,’ says Jacinda Ardern

New EU short-stay visas: more advantages for legitimate travellers

The Parliament sets the way for the European Banking Union

This is what a smart city should do for its people

Canada has created an Arctic conservation zone almost as big as Germany

Greener tourism: Greater collaboration needed to tackle rising emissions

Iran-US attack in Iraq: Guterres pledges ‘active engagement’ in further de-escalation efforts

Finnish Prime Minister calls for a more united EU of concrete actions

Gaza investigators call on Israel to review ‘rules of engagement’ as Gaza protest anniversary looms

5 ways Denmark is preparing for the future of work

Why do medical students seek for work abroad?

Syria: WHO appeals for funding to sustain critical health care for millions trapped by conflict

Afghanistan: UN condemns blasts that leave 8 dead at cricket stadium

Merkel, Mercedes and Volkswagen to abolish European democracy

OECD: Mind the financial gap that lies ahead

JADE Spring Meeting 2017 – day 3: JADE Academy trainings, networking session and gala dinner – Excellence Awards winners revealed

The real cost of addiction

France pushes UK to stay and Germany to pay

Family-friendly policies benefit all of us. Here are 4 ways to boost them

How to talk to people about mental health – and support one another

The right approach to addressing overcapacity problem from a Chinese perspective

Four lessons from Africa on building effective business ecosystems

Statement by President von der Leyen on recent developments related to Iran and Iraq

As inequality grows, the UN fights for a fairer world

Data is the oil of the digital world. What if tech giants had to buy it from us?

These are the 5 most exciting cycling projects in the world

Philippe de Backer of ALDE at European Business Summit 2015 stresses: “Reinvent your business”

Restore land to save the planet, boost the economy, says head of UN body combating desertification

How tech can help businesses balance profit and purpose

EU Budgets: Europe hoping for Xmas gifts

What changes in the EU as from today

The EU slowly exits from “Excessive Deficit Procedure” and hopefully from ‘Excessive Austerity Procedure’ too

Can a Bavarian Oktoberfest beer indulger bring down the Berlin government?

How UN cultural treasures helped set the stage for Game of Thrones

UN News Daily #UNGA Guide: Mandela Peace Summit, Global Goals, Youth and Yemen

Here’s how to achieve growth in the Middle East and North Africa

Empowering people living with HIV ‘will end the epidemic’, says AIDS agency chief

International Literacy Day: What you need to know about youth literacy

Erasmus+ will finance existing UK-EU mobility in the event of no-deal Brexit

Tech must embrace teamwork to transform the world

Universal Health Coverage will ‘drive progress’ on 2030 Development Agenda

The refugee crisis brings to light EU’s most horrible flaws and nightmares

The world invested almost $2 trillion in energy last year. These 3 charts show where it went

How can we prepare students for the Fourth Industrial Revolution? 5 lessons from innovative schools around the world

Future-proofing the European banking market – removing the obstacles to exit

EU Parliament: A catastrophic crisis management by European leaders

High-flyers: China is on top of the world for skyscraper construction

EU elections: The louder the threats and the doomsaying the heavier the weight of the vote

‘Are we ready for the age of disruption?’, Thailand’s Foreign Minister asks UN Assembly

Who will win the AI race? If countries work together, then the answer could be all of us

Scourge of slavery still claims 40 million victims worldwide, ‘must serve as a wakeup call’

Better air pollution data is helping us all breathe easier. Here’s how

IMF: How can Eurozone avoid stagnation

A small group of world leaders are standing together against inequality

Can Eurozone stand economic and financial fragmentation?

Our health systems are under pressure. Here are 9 ways to remedy that

UN chief condemns explosion at election rally in Zimbabwe that injured dozens, including senior politicians

Syrian Constitutional Committee a ‘sign of hope’: UN envoy tells Security Council

What is the Coral Triangle?

More Stings?

Trackbacks

  1. Germany takes cover from Trump in Eurozone and decides to pay for it - LonelyBlogging.com says:

    […] GDP by a noticeable fraction, given the importance of this sector in the economy. At the G7 Summit of Quebec, Canada, things became even more hostile. Trump tweeted his withdrawal from the […]

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s