Economic storm clouds hovering over Trump and global leaders

Brasil Notícia Notícia

Economic storm clouds hovering over Trump and global leaders
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 YahooNews
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 59%

At G7 summit, Trump facing limits of go-it-alone stance

1 / 3France G7 Summit TrumpU.S President Donald Trump sits for lunch with French President Emmanuel Macron, right, at the Hotel du Palais in Biarritz, south-west France, Saturday Aug. 24, 2019. Efforts to salvage consensus among the Group of Seven rich democracies on the economy, trade and environment were fraying around the edges even as leaders were arriving before their three-day summit in southern France.

But Trump's credibility as a cheerleader for multilateralism is in doubt, given that he has spent the first 2½ years in office promoting an"America First" foreign policy that relying on protectionist measures. Traditional American allies have come to expect the unexpected from this White House; increasingly they are looking elsewhere for leadership.

Trade was clearly on Trump's mind when he left for France. Trump declared that U.S. businesses with dealings in China are"hereby ordered" to begin moving home. There was no immediate explanation of what he expected or what authority he had to make that happen. He also imposed higher tariffs on Chinese imports.

Trump planned to press leaders about what can be done to spur growth in the U.S. and abroad, as well as to open European, Japanese and Canadian markets to American manufacturers and producers. Trump has imposed or threatened to impose tariffs on all three markets in his pursuit of free, fair and reciprocal trade.

Trump tweeted insults at Trudeau from aboard Air Force One as he flew to a summit with North Korea's Kim Jong Un. Trump withdrew his signature from the statement of principles that all seven nations had agreed to.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

YahooNews /  🏆 380. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

As economic warning signs flash, Trump, Democratic rivals recalibrate messagesAs economic warning signs flash, Trump, Democratic rivals recalibrate messagesAfter two years touting a booming economy as his own doing, U.S. President Donal...
Consulte Mais informação »

NYT's Jim Stewart: Trump must know rate cuts are a sign of economic weaknessNYT's Jim Stewart: Trump must know rate cuts are a sign of economic weakness'[Trump] does have indirect ability to force [the Fed] to cut rates by creating uncertainty and risk, and tanking the economy with a terrible tariff strategy,' NYT columnist Jim Stewart says. He discusses President Trump's pressure on the Fed to cut rates.
Consulte Mais informação »

‘The Simpsons’ troll the president in clip panned as ‘worse than Trump himself’‘The Simpsons’ troll the president in clip panned as ‘worse than Trump himself’Leave it to “The Simpsons,” through the power of one musical short, to bring the country together in a rare moment of bipartisan harmony. But
Consulte Mais informação »

Trump talks Amazon fires with Brazilian president; army sent to fight blazesTrump talks Amazon fires with Brazilian president; army sent to fight blazesGet breaking national and world news, broadcast video coverage, and exclusive interviews. Find the top news online at ABC news.
Consulte Mais informação »

Why Anthony Scaramucci is waging a media war on President Donald TrumpWhy Anthony Scaramucci is waging a media war on President Donald TrumpA friendship between President Donald Trump and one of his most vocal advocates has taken an almost-Shakespearean twist.
Consulte Mais informação »



Render Time: 2025-03-05 02:12:04