Italy has learned from Donald Trump that Canada is now the enemy of the West.
In an interview with the newspaper La Stampa, the country’s new agriculture minister, Gian Marco Centinaio of the far-right League, said he would ask parliament not to ratify the trade agreement the EU negotiated with Canada in 2016.
Without ratification by all 28 member states, the treaty cannot go into effect for the entire European Union. Read more
Since President Donald Trump berated America’s closest allies after the G7 summit in Canada this weekend, it’s worth remembering why the Atlantic alliance matters so much — to Europe as well as the United States. Read more
This weekend’s G7 summit in Charlevoix, Canada could hardly have gone worse.
Even a boilerplate communiqué, which reiterated the rich nations’ commitment to free and fair trade, was undermined at the last minute, when American president Donald Trump repudiated the text. Read more
Europe is striking back against Donald Trump’s aluminum and steel tariffs, taxing €2.8 billion worth of American exports to the EU, including Kentucky bourbon and Harley Davidson motorcycles manufactured in Wisconsin, the home states of Republican leaders Mitch McConnell and Paul Ryan, respectively.
The response is relatively mild. Trump’s tariffs target €6.6 billion in European exports to America. But it marks a new low in transatlantic relations, which started to deteriorate almost on the day Trump took office.
Where do we go from here? Below the views of four experts. Read more
Leonid Bershidsky is optimistic the EU can stand up to American threats and continue doing business with Iran. He writes for Bloomberg that the stakes are higher than President Donald Trump seems to realize:
With its influence on SWIFT, the Brussels-based payment-facilitation system, and its trade power, the EU is capable of blunting US sanctions. If they prove ineffective, and Iranians merely rally around their government as Russians have done in the face of American restrictions, the US may be exposed as less of a fearsome global policeman than Trump would like it to be.