The Conservative Treehouse posted an article yesterday about the G7 meeting. I seriously doubt the American mainstream media will report this story correctly, but The Conservative Treehouse summed it up beautifully:
The underlying Trudeau trade premise is that the U.S. should be thankful for the products brought into the U.S. market by Canadians and Europeans. And Americans should express their appreciation through unilateral indulgence-fees for friendship. If President Trump does not agree to continue the cycle of abusive trade policies, the Europeans and Canadians might stop saying they are our closest and most valuable ally.
I think that about covers it!