Trump to offer tax and trade barriers to the G-Seven conference 8A18.10-F

Trump to offer tax and trade barriers to the G-Seven conference

US President Donald Trump has said he proposes to raise taxes in the G-Seven conference in Canada to overcome trade gap between industrialized nations. Despite the tension on the decision to impose taxes on steel and aluminum import, Trump said this discussion with fellow leaders has been 'very fruitful'. British media reported on the BBC.

US President Donald Trump

US allies are frustrated by the decision to impose this tax on Trump, due to the global trade war. G-Seven leaders have not yet commented on the proposal to withdraw trump tax. However, a picture was published from the official Instagram account of the German Chancellor Angela Merkel. The picture seems to have been a tense meeting between G-Seven leaders.

He left Canada for the G-Seven conference before the end of the conference to leave for Singapore for a historic meeting with North Korean leader Kim Jong Un. He will hold a meeting with Kim on Tuesday to convince North Korea to abandon nuclear weapons.

Trump denied any kind of dispute in the G-Seven conference before journalists before leaving the city of La Malabai, Quebec, Canada. The US president said, "No tax, no barriers. It should be the way. No other subsidies. Even I have said, 'No tax'.

Trump describes his meeting with G-Seven leaders as positive for 'fair and mutual trade needs'. He said, 'the United States has been taking advantage for decades.' Trump called the United States as a greedy bank and said it was robbing everyone. Trump said he did not blame G-Seven leaders for unfair trade agreements. Rather, he blamed his American predecessors.

Canada, Mexico and the European Union are angry over the decision to impose higher taxes on the United States in importing steel and aluminum, and they will take revenge measures. Trump warns of such kind of initiative as 'wrong'. He said, if it takes a trade war, then the United States will win it thousands of times in a thousand times.

Although the split in trade is clear, it is still unclear whether G-Seven will publish a joint statement after the conclusion of the conference on Saturday.