France warns Trump that it will not sign a G7 Statement - Bloomberg

Dhwani Mehta FXStreet

Bloomberg quoted a French official in the president’s office, as saying that France has joined Germany to warn the US President Donald Trump that it won’t sign a joint statement of the Group of 7 (G7) at the summit in Quebec on June 8^th and 9^th.

Key Points:

“French President Macron has signaled that progress on tariffs, Iran nuclear agreement and Paris climate accord must be made before he'll be willing to sign a joint statement

Macron has concluded that the other members of the G7 -- the U.K., Germany, Japan, France, Italy and Canada -- must stand up to the U.S. over Trump's decision to impose tariffs on steel and aluminum from the European Union, Canada and Mexico as well as other issues.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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