AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,546 Increased By 137.4 (1.85%)
BR30 24,809 Increased By 772.4 (3.21%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

BIARRITZ: EU leaders rounded on US President Donald Trump over his trade threats on Saturday as they arrived in the chic French seaside resort of Biarritz for a G7 summit overshadowed by trans-Atlantic tensions and worries about the global economy.

Already embroiled in a high-risk trade war with China, Trump warned late Friday he would impose punishing tariffs on French wine if France doesn't withdraw a new digital tax that will hit US tech giants.

The European Union "will respond in kind," EU Council President Donald Tusk answered to Trump, who issued his threat on departing Washington for Biarritz.

Host Emmanuel Macron, France's president, and even British Prime Minister Boris Johnson also sounded the alarm about the dangers of Trump's escalating trade war with China.

"I am very concerned. The UK is at risk of being implicated in this. This is not the way to proceed," Johnson told reporters on the plane to the G7 summit in Biarritz.

"I want to see a dialling down of tensions."

The stormy start to a summit of what are meant to be like-minded allies -- Britain, Canada, France, Germany, Italy, Japan and the United States -- led Tusk to sound a dire alarm over the future of Western leadership.

"This may be the last moment to restore our political community," he said. "The world needs our cooperation."

In an attempt to lighten the mood, Macron deployed his secret weapon of French cuisine diplomacy, treating Trump to a surprise lunch minutes after he had arrived on Air Force One.

Speaking to reporters in fluent English, Macron called Trump "a very special guest".

Copyright AFP (Agence France-Press), 2019

Comments

Comments are closed.