Sunday, 17 December, 2017

Is President Trump Back On Defensive With Germany

Connie Andrews | 27 May, 2017, 01:42

Germany's trade surplus with the United States is part of its large overall surplus with the rest of the world. "We will stop this", he said. "Look, as you know from the US, there's very strong views on both sides".

As the leaders of seven wealthy democracies gathered for hard talks on trade and climate change, Germany's Der Spiegel reported that Trump had told European Union leaders the day before that the Germans were "bad, very bad" when it came to trade. He said that, in general, Germany's current account surplus reflects economic factors that are largely outside the government's direct control. "It is no secret that some leaders have different positions on climate, on trade".

US President Donald Trump is angry, very angry at the Germans, as they are apparently "bad, very bad!".

US President Donald Trump, fresh from scolding Europe over military spending, slammed "bad" behaviour in trade by Germany as acrimony dogged the start of annual G7 summit talks on Friday.

National Economic Council Director Gary Cohn on Friday clarified President Trump's recent remark that "the Germans are bad, very bad".

She also noted that Germany should not be singled out.

The Italian air force's Frecce Tricolori acrobatics team is putting on a show for the G-7 summit, streaming the colors of the Italian flag over the sea as the leaders watch from garden in Sicily.

The controversy threatened to undermine a show of unity by the world's richest democracies against jihadist terrorism, after 22 people were killed in the Manchester concert bombing this week.

Tusk said the primary goal of the talks was keeping the Group of Seven economies united, admitting that it was "the most challenging G7 in years" because of the stark differences of opinion between Trump and the rest.

Pope Francis nudged Trump about climate change during their meeting at the Vatican this week. In fact, BMW is the largest USA exporter of cars. That includes not only the euro exchange rate but the price of oil or changes in demographics. Macron offered his condolences for the Manchester attack, calling for increased European cooperation against terror "because they attack our young". "What the president means by free and open is, we will treat you the way you treat us, meaning if you don't have barriers to trade or you don't have tariffs, we won't have tariffs. We believe in clean water", he said.

The president has repeatedly questioned Washington's relationships in the region, cheering Britain's vote to leave the European Union and engaging positively with anti-EU politicians like France's Marine Le Pen.

It's not the first time Trump has taken aim at Germany's trade success.

"Trade is going to be a big topic".

Trump is still deciding whether or not the US will stay in the agreement.

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