Trump: It may not be politically correct, but we have a world to run. The Crimea annexation in 2014 resulted in the leading world powers excluding Russian Federation from the club and becoming the G-7 again.
Donald Trump prefaced his arrival in Canada on Friday with a sharp jab at the G7 by calling for Russia's reinstatement - creating a chasm with his allies on one of their key security concerns.
While other World Trade Organisation members are also considering retaliating by targeting iconic American products - such as bourbon whiskey and Harley-Davidson motorcycles - the escalating tensions between Mexico and the United States may further complicate the renegotiation of the NAFTA. Russia's $1.7T GDP does include several billion dollars directly from the economy of captive Crimea and got a multi-billion boost from the availability of ports like Sevastopol.More news: PS4 Zombie Exclusive 'Days Gone' Gets Official Release Date
Russian Deputy Foreign Minister Sergei Ryabkov earlier told TASS that the Foreign Ministry was making comprehensive preparations for a meeting between the Russian and United States presidents. Leaders were also expected to use the event to raise contentious issues like US participation in the Iran nuclear deal, known formally as the Joint Comprehensive Plan of Action, and USA participation in global climate treaties. Talks have completely stalled on his attempt to renegotiate NAFTA.
Trump, who has recently clashed with Canadian Prime Minister Justin Trudeau over his decision to impose tariffs on imports of Canadian steel and aluminum, accused Trudeau of gouging the U.S. with his own tariffs. Moreover, later news came that Trump had not only mentioned the possibility of a meeting but also invited Putin to Washington.
Donald Trump's declared intentions to break with not just multilateral trade agreements, like NAFTA, but to weaken multi-national organizations like North Atlantic Treaty Organisation, have already profoundly weakened the U.S. around the globe. Trump's actions on the Paris agreement have demonstrated that the United States can't be expected to negotiate in good faith, on the basis of either facts or even its own interests.
"Don't blame Mr Trump, blame the nations that have broken away". The point isn't that each of those deals were ideal, but to Trump they were disastrous primarily because they involved the United States joining with other countries in the hopes that everyone could emerge better off.More news: Macron: G7 leaders must be civil as they pressure Trump
German Chancellor Angela Merkel said earlier that Russia's return to the club was out of the question.
"Because we want President Trump to be strong and successful in his negotiation with North Korea, we want the worldwide community to be credible on the Iranian nuclear program".
Another point of contention for President Trump among his G-7 counterparts could be climate change, which is one of the main focal points of the G-7 summit. Or is it because Trump owes him and this is the payback?
"But let me conclude on a more positive note".More news: Sen. Graham: 'Not Buying' Giuliani Claim On Mueller Framing Trump
Whatever the debt, Trump is getting America to pay the price.