While many Americans were busy celebrating the long weekend of our nations birth and independence, our nations newly elected leaders took to Hamburg for the highly anticipated G20 Summit.
G20 Riots and Protests. Pictures
3 days of peaceful protests turned into riots that ended with cars being lit ablaze, water cannons being fired and tear gas dispersed. Most protestors were not residents of the Hamburg area, 15,000 officers with more called in as back up.
G20 wants to connect all citizen across the world by 2025.
“We need to bridge digital divides along multiple dimensions, including income, age, geography and gender. We will strive to ensure that all our citizens are digitally connected by 2025 and especially welcome infrastructure development in low-income countries in that regard. We will promote digital literacy and digital skills in all forms of education and life-long learning. We recognize that information and communication technology (ICT) plays a crucial role in modernizing and increasing efficiency in public administration.”
US threat of Steel Tariffs could spark trade war.
President Trump signed a memorandum in late April asking Commerce Secretary to prioritize the probe, which would result in higher tariffs for Chinese and other foreign steel firms. This was in party to help create an equal playing field for the U.S. steel Industry.
-Foreign firms are selling large quantities of steel in the US at prices that are far below the market price.
-Experts believe duties on foreign steel are more likely to hurt Europe, Canada and Japan, than of China.
-Canada has already been hit with tariffs on certain kinds of lumber, and the White House is also looking at new duties on aluminum and solar panels.
Ivanka sits in for Donald.
In what was seen as a controversial move, the president’s daughter, Ivanka, took her father’s place in a meeting with the Chinese, Russian and Turkish presidents, the German Chancellor and the British Prime Minister.
-Bloomberg news agency says she had taken her father’s place on at least two occasions during Saturdays meeting, on both occurrences, she did not speak.
-The meeting was addressing the African migration and health issues, coordinating efforts to a fund that Trump and the World Bank had just announced.
Britain’s Next Trade Partners: Post Brexit
-Britain has currently made free trade agreements with more than 50 countries, however; most of these countries are small and will not affect trade in the slightest.
-The big three that Britain hopes to secure deals with are the US, China, and India.
-Post-Brexit they will be able to open big farm products such as meat (beef and lamb) and fruits and vegetables (potatoes), to producers from outside European Union.
-UK beef exports are viewed as a global premium and currently, send large amounts of pork to China.
-For Britain, free trade with the rest of the world will be a very big issue, as this was one of the major points to them being prosperous outside of the EU.