Published: Sat, June 09, 2018
Sci-tech | By Patricia Wade

Quebic City Highway Entrance Blocked After G7 Protesters Set Couches Alight

Quebic City Highway Entrance Blocked After G7 Protesters Set Couches Alight

Leaders of the Group of Seven rich nations are set to clash with a combative U.S. President Donald Trump on Friday when they pressure him to lift sanctions on steel and aluminum they fear could lead to a trade war. The White House said he would leave the two-day summit in Canada four hours earlier than originally planned.

Trump fired back, going after Macron and Canadian Prime Minister Justin Trudeau and accusing Brussels and Ottawa of "totally unfair" tariffs and trade barriers, which hurt American farmers, workers and companies.

Protesters took to the streets of Quebec City on Friday, June 8, for a "day of disruption" to demonstrate against the G7 conference taking place near the city.

"We're going to deal with the unfair trade practices". We have to change it. "The aim of this should be to restore collaborative partnerships to promote free, fair, predictable and mutually beneficial trade", the statement said.

"Africa is going to have the largest population base of any continent in 25 years, and I really do believe that helping Africa through what is a very hard period now will benefit the world enormously and this is a role that the G7 and G20 must play".

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Although Trump says the tariffs are necessary to protect USA industry, Canada and the European Union have denounced them as illegal and are preparing retaliatory measures.

"Headline risk is elevated into the G7 leaders' summit as market participants focus on trade and President Trump", said Shaun Osborne, chief currency strategist at Scotiabank in Toronto. "It's highly unlikely there will be a final communique", a G7 official said on condition of anonymity. Canada and Mexico, the other members of the 1994 pact, have been frustrated by the slow pace of the talks.

USA stock indexes opened lower on Friday partly due to investor nervousness over the G7 summit.

British Prime Minister Theresa May took a more measured tone, telling reporters she wanted the European Union to use restraint in retaliation against USA tariffs and that the response must be proportionate and legal. Among his shots is criticism of Canada for unfairly charging tariffs on dairy products shipped to the US.

In Germany, top officials called for Europe to remain unified in the face of rising trade tensions with the United States even as they maintained that America remained its closest partner outside of the continent.

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