Chinas willing to boost imports if U.S. meets half-way on trade

Theresa May slams Trump for imposing tariffs on allies

According to a CNN report, White House staffers described Macron's call with Trump las week as "terrible", as the conversation turned to the recent decision by the United States president to impose steel and aluminum tariffs on imports from the European Union.

The remarks are likely to create more economic uncertainty between Canada and the USA following Trump's imposition of steel and aluminum tariffs that now affect imports from this country, Mexico and Europe.

Trump, who has vowed to protect USA industry and workers from what he describes as unfair global competition as part of an "America First" agenda, is due to hold bilateral meetings with Trudeau and French President Emmanuel Macron during the summit, Kudlow said.

White House economic adviser Larry Kudlow defended the Trump administration's trade policy Wednesday ahead of a meeting with global leaders that is expected to focus on USA tariffs.

Earlier, US President Donald Trump said that if the revised NAFTA deal gets signed, he shall drop the newly-imposed 25 percent tariffs on the aluminum and steel products.

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Johnson's commutation precedes a number of prison-related actions Trump is considering, CNN reported . "It was a flawless ending". I felt like a failure. "I'm still waiting to exhale!" she previously said in an email from the Aliceville correctional facility.


Kudlow said Trump doesn't plan on withdrawing from NAFTA, but he wants to try a different approach.

"The idea that we are somehow a national security threat to the United States is, quite frankly, insulting and unacceptable", Trudeau told NBC's Meet the Press.

But the U.S.is getting more serious about the possibility.

But the question of tariffs - as well as the US decision to pull out of a deal created to curb Iran's nuclear ambitions - is what most G7 members want to sort out. In an interview with the BBC in January, Macron said he had a "very direct relationship" with his USA counterpart. "Maybe, but nobody is forever", he told a news conference flanked by Canadian Prime Minister Justin Trudeau. What's more, they can be narrowly tailored to fit the different economies of the two countries.

The transatlantic relationship has come under strain following Donald Trump's decision last month to hit three of its largest trading partners - Mexico, Canada and the European Union - with new duties on steel and aluminum imports and pull out of the Iran nuclear agreement.

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Emmanuel Macron has called on other members of the G7 to stand up to Donald Trump's trade policies in the face of what he described as the threat of a new USA "hegemony".

Gao said that China doesn't want to escalate trade tensions with the United States, and that boosting imports is an established strategy.

Larry Kudlow, the director of Trump's National Economic Council, says the president indicated that preference to him when they spoke on Monday. The U.S. president's move immediately angered European leaders and other foreign trading partners.

Trump's comment on Twitter sets the stage for what could be an uncomfortable confrontation over economic policy on Friday.

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