http://thehill.com/homenews/administ...-at-g-7-summit
Quote:
President Trump exited the Group of Seven (G-7) summit on Saturday with a stark warning to some of Washington's closest allies: reduce trade barriers or face consequences.
As he prepared to depart early from the G-7 summit in Charlevoix, Canada, to head to Singapore ahead of his planned meeting with North Korean leader Kim Jong Un, Trump delivered an ultimatum to foreign leaders, demanding that their countries reduce trade barriers for the U.S. or risk losing market access to the world's largest economy.
"They have no choice. I'll be honest with you, they have no choice," Trump told reporters at a news conference, adding that companies and jobs had left the U.S. to escape trade barriers abroad. "We're going to fix that situation. And if it's not fixed, then we're not going to deal with these countries."
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So, the USA won’t buy from or sell to the UK, France, Germany, Japan, Canada, and Italy?
US Exports to -
Canada - $282.5 billion or 18.3% of its overall exports
Japan - $63.3 billion or 4.4% of its overall exports
U.K. - $56.3 billion or 3.6% of its overall exports
Germany - $53.5 billion or 3.5% of its overall exports
France - $34.2 billion or 2.2% of its overall exports
Italy - $18.4 billion or 1.2% of its overall exports
So, Trump is saying he will not deal with countries who buy over $500 billion worth of US goods, around a third of their exports.