Trudeau: Trump's tariffs are 'insulting and unacceptable'

US isolated at G7 meeting as tariffs prompt retaliation

Trudeau on Trump Tariffs: 'Insulting & Unacceptable' That Canada Is Seen as Nat'l Security Threat

Trump first threatened to impose a 25 percent tariff on steel and a 10 percent tariff on aluminum on Canada, the European Union (EU) and Mexico in March to protect USA industries and jobs.

As well as tariffs, EU countries told the U.S. about their concern over the effect of new USA sanctions on Iran for European companies that want to trade with both nations.

Trump's trade and tariffs battles and the uncertainty of how the war will play out is adding to the farmers anxiety. "In this case, it is simply a response to a first action", Guajardo told Mexican radio.

"The global community is faced with significant economic and security issues, which are best addressed through a united front from G7 countries", said that statement.

"We're clearly not a security risk, so I see it as an isolated issue for us to talk about and agree that they should move forward and take these tariffs off", he said.

Ohio Gov. John Kasich (R), who hasn't ruled out mounting a primary challenge against Trump in 2020, criticized the inaction to date of congressional Republican leaders nominally committed to free trade.

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The Canadian government announced retaliatory tariffs on United States goods that look to go beyond the value of U.S. tariffs on imports of Canadian steel and aluminum.

"We are seeing steel coming from destinations where the industry is frankly not used to seeing it" the steel association president said.

The Quebec government said Monday it is prepared to support financially smaller aluminum producers hurt by USA tariffs just as it did with the softwood lumber sector.

His comments came after G7 nations released a statement Saturday conveying their "unanimous concern and disappointment" about recent steel and aluminum tariffs from finance leaders from Canada, the United Kingdom, Japan, France, Italy and Germany.

"If there is a risk of reducing their production or a risk of not being able to export as much, we will be there to support them in making sure that they maintain the jobs that they have in that sector", economic development minister Dominique Anglade told an aluminum summit.

USA commerce secretary Wilbur Ross and vice premier Liu He did not issue a joint statement after they wrapped up two days of discussions.

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"What the United States is going to say is that there is a provision in the [World Trade Organisation] that says, 'Yes, you can break your tariff commitments, you can discriminate if you fall under the terms of this security exception, ' " she says.

The Trump administration last week announced plans to raise tariffs on imported steel and aluminum by 25 percent and 10 percent, respectively.

Quebec's provincial government said Monday that it's prepared to financially support smaller aluminum producers hit by USA tariffs, much as it did with the softwood lumber sector. He specifically noted the size of the trade deficit with China as he defended his moves.

Canada and Mexico say they are still committed to the deal, but U.S. President Donald Trump has returned to his former position of threatening to get rid of the decades-old NAFTA deal altogether.

According to a Reuters report, Japanese Finance Minister Taro Aso called the usa tariff actions "deeply deplorable".

Before last week's trade actions by the USA, the European Union and Canada had been granted temporary exemptions.

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"This decision will hurt American workers and families", the U.S. Chamber of Commerce said in a statement.

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