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Trump torpedoes G7 effort to ease trade spat, threatens auto tariffs

U.S. President Donald Trump on Saturday threw the G7’s efforts to show a united front into disarray after he became angry with Canadian Prime Minister Justin Trudeau, and said he might double down on import tariffs by hitting the sensitive auto industry. Trump’s bombshell announcement that he was backing out of the Group of Seven communique, made after he left the summit in Canada early, torpedoed what appeared to be a fragile consensus on the trade dispute between Washington and its top allies. …read more […]

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Business News

In bombshell, Trump says U.S. backs out of G7 communique, criticizes Trudeau

LA MALBAIE, Quebec (Reuters) – U.S. President Donald Trump on Saturday said he had instructed his representatives not to endorse a joint communique put out by the Group of Seven leaders after what he called Canadian Prime Minister Justin Trudeau’s “false statements” at a news conference.

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Trump Shocks Leaders With Trudeau Insult to Upend G-7 Summit

President Donald Trump told U.S. officials not to endorse the Group of Seven’s final communique and accused Canadian Prime Minister Justin Trudeau of being dishonest, escalating a trade spat that had simmered throughout the two-day meeting. “Based on Justin’s false statements at his news conference, and the fact that Canada is charging massive Tariffs to our U.S. farmers, workers and companies, I have instructed our U.S. Reps not to endorse the Communique as we look at Tariffs on automobiles flooding the U.S. Market!,” Trump said on his Twitter account on Saturday evening. Trump last month directed Commerce Secretary …read more […]

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The Latest: Trump praises Italy’s new premier

President Donald Trump says Italy’s new premier is a “really great guy” who will do a “great job” for his country. Trump tweeted Saturday that he’ll soon honor Giuseppe Conte at the White House. Conte made his international debut at the Group of Seven summit of leading industrialized nations that wrapped up Saturday in Canada. …read more […]

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Electronic Arts Puts the Battle-Royale Mode in Battlefield Game

In a nod to the remarkable success of the every-man-for-himself shooter game Fortnite, Electronic Arts Inc. said it will include a battle-royale mode in its upcoming Battlefield V game. The move follows a similar announcement by Activision Blizzard Inc. for its next version of Call of Duty, also due out in October. Fortnite, made by closely held Epic Games, has become a cultural phenomenon since its release last year, attracting more than 45 million players worldwide and causing the video-game industry to rethink its game designs and business models. …read more […]