US isolated at G7 as allies express 'unanimous concern and disappointment' in Trump trade policy [CNBC]
AK STEEL HOLDINGS (AKS)
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Source: CNBC
Alice Chiche | AFP | Getty Images Flags fly over the Fairmont Le Manoir Richelie hotel, the location for the G7 summit, in La Malbaie, Quebec on June 1, 2018. The United States' closest allies attacked the Trump administration for imposing tariffs on steel and aluminum imports and mounted challenges with the world's top trade body, fouling the mood at a G7 finance leaders meeting . Top global economic leaders on Saturday asked U.S. Treasury Secretary Steven Mnuchin to convey their unanimous concern and disappointment about the metals tariffs imposed by Washington this week, wrapping up a heated G7 meeting in Canada. Ministers and Governors agreed that this discussion should continue at the Leaders' Summit in Charlevoix, where decisive action is needed. The aim of this should be to restore collaborative partnerships to promote free, fair, predictable and mutually beneficial trade, the group said in a summary statement written by Canada.
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