English हिन्दी
Connect with us

Latest world news

Trump further isolated at G7 summit, leaves early for Singapore

Published

on

Trump isolated at G7 summit, leaves early for Singapore

US pull out of joint communiqué trump G7at Qubec summit

US President Donald Trump was further isolated during G7 summit held in Qubec, Canada, a neighbour, once used to be most trusted and friendly for his country. He pulled out of a joint statement negotiated by the leaders of the member countries: US, Germany, Britain, France, Japan, Italy and Canada.

The eight page communiqué on Saturday vowed to tackle protectionism and cut trade barriers. Trump left the Qubec resort, the venue of the G7 summit early to head to Singapore for a much-anticipated summit with North Korean leader Kim Jong-un on June 12.

His unhappiness was made public through his tweet calling Canadian Prime Minsiter Justin Trudeau as “weak and dishonest”.

Shortly after Trudeau said that he was “happy to announce that we have released a joint communiqué by all seven countries” indicating that the US had signed on, Trump announced the US would reverse its decision and not sign on to the statement after all.

Trump further isolated at G7 summit, leaves early for SingaporeThe G7 communiqué references a number of shared priorities, including on trade, economic growth, national security and sustainability. At one point, the agreement states, “we acknowledge that free, fair and mutually beneficial trade and investment, while creating reciprocal benefits, are key engines for growth and job creation.”

Read More: Canada PM Trudeau rejects Trump’s proposal to scrap NAFTA

On Saturday Canadian PM Trudeau said in a news conference that his country will “move forward with retaliatory measures” on July 1 in response to the Trump administration’s decision to impose tariffs on steel and aluminum imports from Canada, the European Union and Mexico.

“I have made it very clear to the President that it is not something we relish doing, but it something that we absolutely will do,” Trudeau said. “Canadians, we’re polite, we’re reasonable, but we also will not be pushed around.”

Reacting to the Trudeau policy statement Trump addressed an impromptu news conference at the summit on Saturday, saying that he does not want to see other countries take advantage of the US over trade. “It’s going to change,” he said. “Tariffs will come way down. We’re like the piggy bank that everybody is robbing and that ends.”

Canadian PM’s office was quick to respond to Trump’s tweets accusing Trudeau of “false statements” on Saturday, saying that the Prime Minister said nothing during the G7 summit that he had not said previously.

His office statement said, “We are focused on everything we accomplished here at the #G7 summit. The Prime Minister said nothing he hasn’t said before — both in public, and in private conversations with the President.”

Without naming President Trump, former FBI chief James Comey tweeted on US-Canadian relationship.

Before leaving for Singapore, Trump accused his G7 counterparts and other nations of “unfair” trade practices and of treating the US like a “piggy bank”.  He said, “The United States has been taken advantage of for decades and decades.”

He was equally unhappy with former US administrations for the disadvantage. He said he blamed his White House predecessors going back decades and not the G7 leaders for the “unfair” trade deals.

He further said, “In fact, I congratulate leaders of other countries for so crazily being able to make these trade deals so good for their countries,” Trump said, while insisting that his relationships with Europe and Canada were “outstanding”.  He vowed  to get rid of “ridiculous and unacceptable” tariffs on US goods.

At one point Trump went beyond normal courtesies language saying “It’s going to stop. Or we’ll stop trading with them. And that’s a very profitable answer, if we have to do it,” Trump said. “We’re like the piggy bank that everybody’s robbing – and that ends.”

Earlier on Saturday, German Chancellor Angela Merkel publicly acknowledged that differences between the US and the six other G7 members remained, but stressed the importance to “have a commitment for a rule-based trade order, that we continue to fight against protectionism and that we want to reform the World Trade Organization”.

“This is not a detailed solution to our problems,” she told reporters. The differences in opinion have not been taken off the table.”

Moreover, French President Emmanuel Macron, who had earlier supported Iran nuclear deal despite US withdrawal, described the joint statement as a good first step that represented the G7 nations’ desire to stabilise the situation. However, he said, “Nevertheless, I do not consider that with a declaration all is obtained and it is obvious that we will have in the coming weeks, the next months, to continue to work.”

The collusion course between US and other six members of G7 began before the summit actually happened. Trump proposed that Russia should be readmitted into G7, which was opposed by  Canada and Euriopean allies, except Italy.

Latest world news

Israel-Lebanon ceasefire to begin within hours as Trump announces 10-day truce

Israel and Lebanon may begin a 10-day ceasefire within hours after a proposal announced by Donald Trump amid ongoing tensions.

Published

on

Donald Trump

A temporary halt in hostilities between Israel and Lebanon is expected to begin within hours after US President Donald Trump announced a proposed 10-day ceasefire between the two sides, amid ongoing tensions in the region.

According to his statement, the ceasefire is likely to take effect around 5 p.m. Eastern Time, although independent confirmation from both sides is still awaited.

The development follows discussions involving Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun, with mediation efforts led by the United States.

Officials indicated that the proposed truce is aimed at creating a limited window to reduce violence and potentially pave the way for broader diplomatic engagement. The situation along the Israel-Lebanon border has remained tense in recent weeks, with escalation linked to the activities of Hezbollah.

Diplomatic efforts have intensified in recent days, with discussions facilitated by the United States, including the involvement of US Secretary of State Marco Rubio. However, details of the agreement and the extent of coordination between the parties remain unclear.

The situation remains fluid, and the success of the ceasefire will depend on adherence by all sides involved. The conflict has already led to significant humanitarian and geopolitical consequences, including displacement and disruption in affected areas.

While the proposed ceasefire is being seen as an important step toward de-escalation, broader negotiations involving regional stakeholders are expected to be necessary for any lasting resolution.

Continue Reading

Latest world news

US ends oil sanctions waiver for Iran and Russia, impact likely on India’s energy imports

The US decision to end the Iran and Russia oil waiver may impact India’s oil imports, fuel prices and global energy markets.

Published

on

US oil tanker

The United States has decided not to extend a temporary sanctions waiver that allowed limited trade in Iranian and Russian oil, marking a shift towards stricter enforcement of economic restrictions.

The waiver, introduced in March 2026, had permitted the sale of oil already loaded on ships to stabilise global supply during heightened geopolitical tensions. However, it is now set to expire around mid-April without renewal.

US officials have indicated that the move is part of a broader strategy to increase pressure on both Iran and Russia amid ongoing conflicts and geopolitical tensions.

What the waiver did and why it mattered

The short-term waiver allowed millions of barrels of oil—estimated at around 140 million barrels—to enter global markets, helping ease supply shortages and prevent sharp price spikes.

It also enabled countries like India to purchase discounted crude oil from Russia and resume limited imports from Iran after years of restrictions.

Impact on India

India, one of the world’s largest oil importers, is expected to feel the impact of the decision in several ways:

  • Reduced access to discounted oil
    India had been buying cheaper Russian crude and recently resumed Iranian imports under the waiver. Its end may limit these options.
  • Potential rise in fuel costs
    With fewer discounted supplies available, India may need to rely more on costlier sources, which could increase domestic fuel prices.
  • Supply diversification pressure
    India may need to explore alternative suppliers in the Middle East, Africa, or the US to maintain energy security.
  • Geopolitical balancing challenge
    The move adds pressure on India to align with US sanctions while managing its own economic interests.

Global energy market concerns

The end of the waiver comes at a time when global oil markets are already under stress due to conflict in West Asia and disruptions in key routes like the Strait of Hormuz.

Analysts warn that tightening sanctions could:

  • Reduce global oil supply
  • Increase price volatility
  • Intensify competition among major buyers like India and China

Bigger picture

The US decision reflects a broader shift from temporary relief measures to stricter enforcement of sanctions, even if it risks tightening global energy markets.

For India, the development highlights a recurring challenge—balancing affordable energy access with geopolitical realities.

Continue Reading

Latest world news

Sanctioned tanker fails to breach US blockade, turns back near Strait of Hormuz

A US-sanctioned tanker failed to cross the Hormuz blockade and turned back, underscoring rising tensions and disruption in global shipping routes.

Published

on

A US-sanctioned oil tanker failed to break through a newly imposed American naval blockade and was forced to turn back near the Strait of Hormuz, highlighting growing tensions in the region.

The vessel, identified as the Rich Starry, reversed its course after attempting to exit the Gulf, according to shipping data. The development comes just days after the United States enforced restrictions on ships linked to Iranian ports.

The blockade was announced by Donald Trump following the collapse of recent diplomatic talks with Iran. The move aims to restrict maritime traffic associated with Iranian trade.

Officials said that during the first 24 hours of enforcement, no vessel successfully crossed the blockade. Several ships, including the sanctioned tanker, complied with instructions from US forces and turned back toward regional waters.

The tanker is reported to be linked to a Chinese company previously sanctioned for dealing with Iran. It was carrying a cargo of methanol loaded from the United Arab Emirates at the time of the incident.

The situation underscores the rising risks in one of the world’s most critical oil transit routes. The Strait of Hormuz typically handles a significant share of global energy shipments, but traffic has sharply declined due to ongoing geopolitical tensions.

The blockade, which applies specifically to vessels travelling to or from Iranian ports, has added further uncertainty for shipping companies, insurers and global energy markets.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com