WASHINGTON: US President Donald Trump on Tuesday (Jun 17) mentioned Japan was being “powerful” in commerce talks and the European Union had not but provided what he thought-about a good deal, as a staff led by Treasury Secretary Scott Bessent stayed on the G7 meeting in Canada to maintain engaged on commerce points after Trump’s abrupt early departure.
Trump informed reporters aboard Air Pressure One which the EU would want to supply Washington “a very good deal” or face greater tariffs.
Trump spoke after leaving the Group of Seven (G7) summit early, with a view to concentrate on the Center East. He informed reporters Bessent was staying on in Kananaskis, Alberta, to maintain speaking with counterparts on commerce.
White Home officers mentioned US Commerce Consultant Jamieson Greer and Nationwide Financial Council Director Kevin Hassett additionally remained in Canada and can be assembly with their counterparts. They mentioned Trump met informally with all G7 members, however had not seen the leaders of India, Australia or Mexico, who had been additionally slated to fulfill him in Canada this week.
“We’re speaking, however I do not really feel that they are providing a good deal but,” Trump mentioned of the European Union. “They’re both going to make a very good deal or they’re going to simply pay no matter we are saying they need to pay.”
European Fee President Ursula von der Leyen informed reporters on the sidelines of the G7 summit that the target was nonetheless to achieve a deal earlier than greater reciprocal tariffs go into impact on Jul 9 after a 90-day pause.
“It is complicated however we’re advancing, that’s good, and I push onerous to select up extra pace, so we’re blended within the negotiations, and we’ll see what the tip brings,” she mentioned.
