(Bloomberg) -- Good morning Americas, Here's news from Bloomberg Economics to help get your week started:
- President Donald Trump is headed for a showdown with America's allies at a Group of Seven summit this week in Quebec, with the European Union and Canada threatening retaliatory measures unless he reverses course on new steel and aluminum levies.
- The meeting comes after G-7 finance ministers rebuked the U.S., and allies asking Trump to consider a change of heart
- Meanwhile, China says all deals are off if fresh tariffs are imposed and Singapore thinks both sides are raising global risks
- Commerce Secretary Wilbur Ross was in Beijing this weekend to push China on trade, while White House economic adviser Larry Kudlow says not to blame Trump
- Investors are worried that political upheaval in Italy will derail euro-area economic growth
- At the same time, Greece is giving Europe another headache as talks on further debt relief are at a stalemate with two months to go before expiration of the euro area's final crisis-era bailout
- Germany's economy may be booming, but we ask why women aren't feeling the gains
To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net
To contact the editors responsible for this story: Paul Gordon at pgordon6@bloomberg.net, Marco Bertacche
©2018 Bloomberg L.P.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
