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Theresa May expresses disappointment over 'unjustified' United States tariffs

Theresa May expresses disappointment over 'unjustified' United States tariffs

"The idea that we are somehow a national security threat to the United States is quite frankly insulting and unacceptable".

Trudeau also called the idea of Canada being a threat as "unacceptable", and said he doesn't know what Trump wants from the tariffs.

Canada's finance minister has said he is hopeful the threat of retaliation against US trade measures will persuade the Trump administration to back away from the steel and aluminium tariffs it has imposed on its G7 allies.

Those retaliatory measures won't be official until July, but Foreign Affairs Minister Chrystia Freeland has said the duties are meant to encourage the U.S.to back down.

And referring to the decision as "insulting", Trudeau confirmed Canada would impose reciprocal tariffs on the U.S.

House Majority Leader Kevin McCarthy of California also defended the tariffs, saying Trump was "standing up" to protect US interests.

The US has imposed protective tariffs on steel and aluminum on a number of the countries, including European nations, Canada and Mexico.

Germany, by far the biggest exporter to the United States, is keen to avoid a wider trade war, especially as the Trump administration has floated the prospect of tariffs on cars, which would potentially be devastating to German exporters.

Rumour: Fortnite is heading to Switch
In contrast, PUBG is only available on PC and Xbox One , and the Xbox One version has yet to reach parity with its PC version. Oh, and to add fuel to the fire, the game has also just been rated for the Nintendo Switch on the Korean ratings board .

Trump's latest move amounts to "blackmail" in the NAFTA renegotiation, but it doesn't kill chances of carving out a deal, says a veteran of Canada's free trade battles.

American consumers could face price rises for products ranging from jeans to peanut butter as the global community considers countermeasures in response to us trade tariffs.

Canada's expressions of disappointment comes as China warned that any trade dispute deals reached at talks in Beijing "will not take effect" if Trump's threatened tariff hike on Chinese goods goes ahead.

His strong words followed swift responses to his tariffs by Canada, Mexico and the European Union, which all plan to retaliate with levies on billions of dollars of United States goods from orange juice and whiskey to blue jeans and Harley-Davidsons.

"If we charge a country ZERO to sell their goods, and they charge us 25, 50 or even 100 percent to sell ours, it is UNFAIR and can no longer be tolerated".

Following the conclusion of a three-day meeting of G7 finance ministers, Canadian Minister of Finance Bill Morneau issued a summary saying that the other six members want Trump to hear their message of "concern and disappointment" over the U.S. trade actions.

German Finance Minister Olaf Scholz said G7 countries also told Mnuchin about their opposition to new USA sanctions on Iran, which will affect European companies.

U.S. President Donald Trump's tariffs are driving a wedge in the G7 - and laying the groundwork for a potential clash among its leaders next week in Quebec's Charlevoix region. The Trump administration is offering a process in which individual companies can apply for exemptions, and Zive says that the new tariffs will lead to thousands of such requests. "We're going to be polite, but we're also not going to be pushed around", Trudeau said. "Do Timber & Lumber in USA?" Mexico, the US President said, had taken US auto companies, a big percentage of them.


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