German Chancellor Angela Merkel has called President Donald Trump's choice to break ranks with us allies-by backing out of a joint statement on social media and then deride foreign leaders-"a little depressing".
The EU has vowed to retaliate against US metal tariffs imposed by US President Donald Trump, and tensions worsened at a Group of Seven summit in Canada after Trump rejected an attempt to write a consensus statement and bitterly insulted the Canadian host.
Angela Merkel's press team quickly tweeted out the incredible image showing the German, surrounded by her allies, cowering over a scowling and seated Donald Trump, which instantly went viral.
But it won't solve the differences, particularly on trade, with the European Union moving toward retaliatory tariffs from July on key US goods. Later, Trump's trade adviser Peter Navarro said in an interview with Fox News, "There is a special place in hell for any foreign leader who engages in bad faith diplomacy with President Trump and then tries to stab him in the back on the way out the door".
"We as Europe have to stand up for our principles, potentially together with Japan and Canada", Merkel said.
However, Merkel said it is too early to give up entirely on the United States and "There are still good reasons to continue our fight [aimed at keeping a close transatlantic partnership], even though we can not just rely on it anymore". She said that she still believes Trump shares the principled stance of the G7 on "many issues".
She also spoke about Trump's suggestion that Russian Federation be readmitted to the G-7, from which it was booted after its annexation of Crimea from Ukraine in 2014. That means Trump "is right to a certain extent" when he criticizes Germany for spending only 1.3% of economic output on defence, Merkel said.
European Union nations' failure to speak and act with one voice overseas is a "danger", Merkel warned, as is the fact "that we have no collective approach to the question of managing migration", vital if freedom of movement within Europe's borders is to be upheld. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. It is not a solicitation to make any exchange in commodities, securities or other financial instruments.
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