Despite the Drama, the G7 Nations will Align with the USA

Despite the Drama, the G7 Nations will Align with the USA

Despite the Drama, the G7 Nations will Align with the USA

  • The US is the indispensable country

President Donald Trump injected fresh drama into the meeting of the G7 major industrialized nations Friday, calling for Russia, ousted for its the annexation of Crimea, to be reinstated.

President Trump made the comment at the White House Friday.

“Why are we having a meeting without Russia in the meeting? President Trump said. “They should let Russia come back in because we should have Russia at the negotiating table.”

Solidifying his alpha status on the world stage, President Trump hammered longtime allies over their criticism of his trade policies and plans an early exit from the G7 meeting.

Russia was ousted from the elite group in Y 2014 as punishment for President Vladimir Putin’s annexation of Crimea and its support for pro-Russian separatists in Ukraine.

French President Emmanuel Macron and Canadian Prime Minister Justin Trudeau signaled they would use the G7 event to take a stance against new US tariffs on steel and aluminum imports. But, President Trump will leave early, leaving them talking to themselves.

“Looking forward to straightening out unfair Trade Deals with the G7 countries,” President Trump Tweeted early Friday. “If it doesn’t happen, we come out even better.”

President Trump also singled out tariffs on US dairy products in yet another harsh Tweet directed at Canada just before the G-7.

President Trump had a ready retort for the French and Canadian complaints, via tweet: “Please tell Prime Minister Trudeau and President Macron that they are charging the US massive tariffs and create non-monetary barriers. The EU trade surplus with the US is $151-B, and Canada keeps our farmers and others out. Look forward to seeing them tomorrow.”

President Trump said “Take down your tariffs & barriers or we will more than match you!”

Under President Trump, the United States has abandoned its traditional role in the G7.

His predecessors pressed for freer global trade and championed a trading system that required countries to follow World Trade Organization (WTO) rules.

President Trump’s policies have been more protectionist and confrontational, driven by a perception that the US has been the victim of poorly conceived trade deals.

Despite the conflicts expect that the countries will seek to work with the US, as the US is the indispensable country.

America First

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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