Current US Prime Minister Boris Johnson (L) and US President Donald Trump meet at UN Headquarters in New York on September 18, 2017.
Brendan Smalovski | AFP | Getty Images
When some of the world's most powerful leaders meet in France this weekend at the G7 Summit, the focus will be on how well (or badly) they are given the background of widespread disagreements and different policies regarding global trade and geopolitics.
Prime Minister Boris Johnson will be in the spotlight, as the Biarritz meeting will be the first to attend since he became UK leader in July. The summit comes at a delicate and uncertain moment for the United Kingdom as its relations with its closest neighboring Europe undergo a seismic shift with Brexit and it seeks out the US for closer trade relations.
On the G-7, Johnson will find himself face to face with the leaders of France, Germany and Italy, who along with the other 27 EU countries have essentially told him that the Brexit deal he inherited from his predecessor, Teresa May is the only
He will also meet with President Donald Trump, one of the most controversial leaders to represent the US in the G7 in years to discuss a potential trade deal after Brexit. [1
Trump has signaled that Europe may be the next target when it comes to unfair global trade practices against the US In May, he accused the EU of treating the US "worse than China" and threatening the automotive industry by 25% tariff.
So low are the expectations for any significant agreement between the leaders of the United States, Britain, Canada, France, Germany, Italy and Japan that French President Emmanuel Macron, the host of the event, stated that there would be no final communiqué on shared commitments, which may have been
The G-7 is a "test" for Boris Johnson
Given the strained relations between Europe and Trump, Johnson will be in a difficult position at the G7 Summit. Kallum Pickering, a senior American economist at Berenberg Bank, said Johnson would have to be diplomatic.
"Looking at history, the UK's most successful prime ministers – Thatcher, Blair, Churchill (in no particular order) – have been able to court both the US and continental European powers to gain an advantage for the United Kingdom," he said before CNBC Thursday.
"The policy is too messy to be able to predict how the UK-EU or UK-US, and, of course, the US-EU, will develop relations in the coming months / years. But given the unique circumstances (UK finds  Trump backs Johnson for leadership of the ruling Conservative Party of the United Kingdom, and various media reports suggest the president wants to meet Johnson at G7 before other leaders, in fact, the British Times reported earlier in August that Trump
Johnson may also be able to use Trump's support to his advantage, according to Tom Reyns, Europe Program Manager at the base. "The Summit is an opportunity to look Prime Minister and Johnson will probably see it as a chance to show a more energetic UK on the world stage," Reines told CNBC on Tuesday.
"He may also try to use his apparent rapprochement with Trump to highlight the potential of a post-Brexit UK-US trade agreement and gain some approval of his approach to Brexit negotiations. However, this will not help him. many with the Europeans, "Raines noted.
But despite Johnson's alleged closeness to Trump and the two men, they have a surprising amount in common, he is still ideologically closer to his European counterparts. Recent geopolitical events and disagreements over Iran's international nuclear deal, for example, have been observed by the United States with its closest neighbors, not by the United States
. closer to the European position on most major issues than to the Trump administration: on climate change, international trade, the agreement with Iran … This is an awkward position for the UK – caught between a more one-sided America and the EU trying to leave, "Ray said ns.
US-UK Trade Agreement
The UK relies on tampering with international trade deals after leaving the economic protection (and restriction) that EU membership has allowed. It seeks to use mostly its so-called "special relationship" and Trump promised the UK a "phenomenal" trade deal during a state visit in June.
However, all close observers of Trump's America First approach to trade. will know that he is making a difficult deal and that the United Kingdom can benefit less from its more powerful ally.
Freddie Light, CIO's head of Latitude Investment Management, told CNBC on Thursday that the G-7 presented Johnson with an opportunity to continue the trade deal after Brexit, which the UK wants, which can help reduce fears about the future trade relations with the United Kingdom outside the EU.
"We don't know what a future trade deal in the US will look like, but I think one thing it would certainly do is really push us. We can start trading deals around the world – that's the whole history of Brexit – we will wait and see if they come to fruition, "he told CNBC's Squawk Box Europe.
"If we quickly sign a trade deal with our largest other trading partner and the largest economy in the world, it will give us a tremendous amount of pride. And I think that would be very positive for the political situation, positive for the spirits to animals and whether the real economy is offsetting each other is less relevant than moving forward, "he said.