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Trump said on Thursday that Mexico and Canada, the two countries that are renegotiating with the US the North American Free Trade Agreement (NAFTA), will be exempted for now. He said the tariffs will still apply to the US' two North American neighbors "if we don't make the deal on NAFTA and if we terminate NAFTA because they are unable to make a deal that's fair".

Trump's latest escalation has confounded many experts regarding how the trade conflict would end.

Trump tweeted Thursday morning, slamming Democrats of preventing congressional action on immigration.

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Trump says DPRK has released three US detainees

Trump had intended to focus the G7 meeting on the economy, eschewing traditional topics that often top the agenda such as climate change. He initially planned to host the leaders' group at one of his properties in Florida but canceled those plans after criticism that he would profit financially from the meeting.

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Trump said he would speak with Canadian Prime Minister Justin Trudeau in a little while and hoped to resume negotiations with Canada soon.

Trump on Monday retweeted a conspiracy theory from former game show host and podcaster Chuck Woolery, who suggested that the US Centers for Disease Control and Prevention (CDC), the "Media, Democrats (and) our Doctors" are lying about COVID-19 to hurt Trump in November's general election.

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Trump faces one charge of abuse of power for asking Ukraine to investigate former Vice President Joe Biden, a leading Democratic contender to oppose him in the 2020 presidential election. The Republican president also faces a charge of obstructing the congressional investigation into the matter.

Trichet said the Bruegel, a Brussels think tank of which he is chairman, is already working with British think tank Chatham House as well as its Chinese partners, Beijing-based China Center for International Economic Exchanges and the Chinese University of Hong Kong. It submits recommendations for both governments and the private sector to deepen cooperation under the framework of the Belt and Road Initiative and the European Commission's expansive investment plan.