No Result
View All Result
Global Finances Daily
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers
No Result
View All Result
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers
  • Login
Global Finances Daily
No Result
View All Result
Home Financial Markets

Donald Trump’s abrupt G7 exit causes disquiet among other leaders

June 17, 2025
in Financial Markets
0
Donald Trump’s abrupt G7 exit causes disquiet among other leaders


Donald Trump was getting restless.

He had just signed an order implementing last month’s trade deal with the UK, and Sir Keir Starmer, the British prime minister, was standing by his side in the bright sunshine of the Canadian Rockies. But the mind of the 79-year-old US president was squarely on the Middle East.

“As soon as I leave, we’re going to be doing something,” Trump said on Monday afternoon, when asked about the war between Israel and Iran. “But I need to leave here.”

A few hours later, Trump abruptly departed the G7 summit, shrinking it to a G6 in a theatrical exit that could mark a turning point in the conflict between Israel and Iran.

By Tuesday morning, Trump was back at the White House, leaving the world to divine whether he would launch new talks with Iran over its nuclear programme or join Israel in its strikes on the Islamic Republic.

The president had arrived in Kananaskis, Alberta, late on Sunday for what was expected to be two days of meetings with America’s closest allies — as well as other world leaders including Ukrainian President Volodymyr Zelenskyy, Indian Prime Minister Narendra Modi, and Mexican President Claudia Sheinbaum.

G7 leaders pose at a golf course in Kananaskis, Alberta, on Monday © Ludovic Marin/POOL/EPA-EFE/Shutterstock

Hosted by Mark Carney, Canada’s prime minister, the summit got off to an awkward start as Trump fumed about the exclusion of Russia from the grouping. He later made clear the US would not join European countries in imposing new sanctions on Moscow in order to press Vladimir Putin to negotiate seriously for a peace deal with Ukraine.

But the friction over the conflict in Europe was upstaged by more pressing discussions over the war in the Middle East.

Carney corralled the G7 into issuing a joint statement calling for “the resolution of the Iranian crisis” but later in the afternoon, Trump blasted out hawkish social media posts that pointed to further escalation with the Islamic republic.

In one, he warned Iranians they should “immediately” evacuate Tehran, the country’s capital, a city of nearly 10mn people.

Trump later said he left the G7 early simply to be “more well-versed” in the Iranian crisis and because his conversations would be more secure. “Being on the scene is much better, and we did everything I had to do at the G7,” he said.

There was nonetheless disquiet at his decision. Officials at the summit said the US president had been cordial during discussions, and had participated in a dinner with the G7 leaders after announcing his departure.

The only exception came when Trump publicly condemned Emmanuel Macron, president of France, for saying he was heading back to Washington for push for a “ceasefire” in the Middle East.

Trump said: “He has no idea why I am now on my way to Washington, but it certainly has nothing to do with a ceasefire. Much bigger than that. Whether purposely or not, Emmanuel always gets it wrong.”

Danish Prime Minister Mette Frederiksen, Greenland’s leader Jens-Frederik Nielsen and Emmanuel Macron, president of France
From left: Mette Frederiksen, prime minister of Denmark, Greenland’s leader Jens-Frederik Nielsen and Emmanuel Macron, president of France, during a visit to a glacier in Greenland on Sunday © AP

Three officials attending the G7 told the Financial Times that Macron’s decision to make a symbolic stopover in Greenland, on his way to the summit had irritated Trump and contributed to his decision to leave early.

During his visit to the semi-autonomous Danish island, which the US president has said he wants to bring under Washington’s control, Macron said of Trump’s threats: “I don’t think that’s what allies do.”

The White House did not respond to a request for comment on Trump’s tensions with Macron.

But one UK official said the president had simply tired of the G7, adding: “He wanted to get on with doing something productive — what was there further to achieve in Calgary?”

But the early departure has raised concerns Trump could do the same thing at the Nato summit in The Hague next week, where many are watching for signals his administration could reduce its commitment to the alliance.

“Just imagine the effect in Moscow should Trump walk out of the Nato summit,” said Stefano Stefanini, Italy’s former ambassador to Nato.

In the wake of the surprise announcement that Trump would be heading back to Washington to manage the conflict in the Middle East, top administration officials, including Pete Hegseth, the defence secretary, issued reassuring statements that America remained in a “defensive” posture in the region.

Marco Rubio, the secretary of state and national security adviser, who was part of the US G7 delegation, held calls with allies including Kaja Kallas, the EU’s top foreign policy official, Jean-Noël Barrot, the French foreign minister, and David Lammy, the UK foreign secretary.

Rubio is an Iran hawk and, alongside Hegseth, will advise Trump on his next move in the conflict.

Among the options facing Trump are a last-gasp attempt at diplomacy: the president said he was still considering whether to dispatch JD Vance, the vice-president, and Steve Witkoff, his Middle East envoy, to meet senior Iranian officials.

On the overnight flight back to Washington from Canada, Trump would not be drawn on what America’s next step would be, but said he was in “not much in the mood” for negotiations and was looking for Iran to back down permanently.

What he wanted from Tehran, he said on Air Force One, is “a complete give-up”. He also warned Iran not to attack American troops or facilities in the region.

“We’ll come down so hard, it’d be gloves off”, Trump said.

Editorial Team

Editorial Team

Related Posts

Analyst Report: Rio Tinto PLC
Financial Markets

Analyst Report: Rio Tinto PLC

June 17, 2025
Smoke rises from the building of Iran’s state-run television after an Israeli strike in Tehran on Monday
Financial Markets

Iran will only agree to talks to end Middle East crisis if Israel stops bombing 

June 16, 2025
Jim Cramer Notes IONQ is Loved by Young Investors
Financial Markets

Jim Cramer Notes IONQ is Loved by Young Investors

June 16, 2025
Israeli Prime Minister Benjamin Netanyahu inspects demolished apartment buildings following Iran’s missile attack in Bat Yam on Sunday
Financial Markets

Netanyahu says ‘we’ll do what we need to do’ with Iran’s leader

June 15, 2025
Larry Ellison Overtakes Jeff Bezos, Mark Zuckerberg To Become World's Second Richest Amid Oracle's 'Watershed' Moment
Financial Markets

Larry Ellison Overtakes Jeff Bezos, Mark Zuckerberg To Become World’s Second Richest Amid Oracle’s ‘Watershed’ Moment

June 15, 2025
Thousands protest across US against Trump’s ‘authoritarian’ policies
Financial Markets

Thousands protest across US against Trump’s ‘authoritarian’ policies

June 14, 2025
Load More
Next Post
Is Love Island Is Promoting Harmful Tanning Culture?

Is Love Island Is Promoting Harmful Tanning Culture?

Popular News

  • JT Genter

    Emirates Upgrades: What to Know

    0 shares
    Share 0 Tweet 0
  • Guardian sets out adviser strategy for 2025 

    0 shares
    Share 0 Tweet 0
  • Rothschild & Co’s advisory unit launches new capital markets brand

    0 shares
    Share 0 Tweet 0
  • Why advisers should start thinking about their exit sooner

    0 shares
    Share 0 Tweet 0

Latest News

The Morning Briefing: New Iress Partnership launched; Volatility shouldn't lead to panic

The Morning Briefing: New Iress Partnership launched; Volatility shouldn’t lead to panic

June 18, 2025
0

Good morning and welcome to your Morning Briefing for Tuesday 17 June 2025. To get this in your inbox every...

Alistair McQueen: We must stop, listen and learn from those we serve

Alistair McQueen: We must stop, listen and learn from those we serve

June 18, 2025
0

Alistair McQueen – Illustration by Dan Murrell Stop. Listen. What can you hear? That’s the sound of thousands of real...

Global private credit fundraising jumped by 60 per cent in the first quarter of 2025, according to a new report by JP Morgan.

Global private credit fundraising jumps 60pc in Q1 2025

June 17, 2025
0

Global private credit fundraising jumped by almost 60 per cent in the first quarter of 2025, according to a new...

US Senate passes GENIUS stablecoin bill, advancing it to the House for final approval

US Senate passes GENIUS stablecoin bill, advancing it to the House for final approval

June 17, 2025
0

Key Takeaways Senate passes the GENIUS stablecoin bill with bipartisan support, marking first major crypto legislation to clear the chamber....

Global Finances Daily

Welcome to Global Finances Daily, your go-to source for all things finance. Our mission is to provide our readers with valuable information and insights to help them achieve their financial goals and secure their financial future.

Subscribe

  • About Us
  • Contact
  • Privacy Policy
  • Terms of Use
  • Editorial Process

© 2024 All Rights Reserved - Global Finances Daily.

No Result
View All Result
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers

© 2024 All Rights Reserved - Global Finances Daily.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.