June 8, 2018 — I did an interview today as the G-7 Leaders Summit got underway in Canada.
In the video at BNN Bloomberg, I said I thought that if Trump’s tariffs are met with united and calibrated retaliation, he might eventually have to back down.
Here are the questions they sent me ahead of time and my responses,
– Q: Ideally – what do you want to see come from the Group of 7 leaders’ meeting that starts today in Canada?
– A:
If we were truly talking about an ideal world, one would aspire to progress on the issues that the Canadian hosts plan to talk about: environment, inclusive growth, equality, etc.
Closer to the real world, one would ideally see the G-7 cooperating to form a common front regarding economic issues with China (reduction of excess steel capacity & enforcement of IPRs) or geopolitical issues (esp. vis-a-vis North Korea & Iran & Russia).
This meeting will accomplish no such G-7 cooperation, and to the contrary will almost certainly go down in history as the “G-6 vs. 1” meeting.
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