Donald Trump at G7 Summit: Past Presidents Allowed Countries to Rob U.S. Like 'Piggy Bank'

During a press conference following the G7 summit, President Donald Trump once again rebuked his predecessors for foreign trade agreements and also denied multiple reports that the White House was met with a chilly reception at the meeting due to its isolationist policies. 

"The relationships were outstanding, but because of the fact that US leaders of the past didn’t do a good job on trade—and, again, I'm not blaming countries, I'm blaming our people that represented our past—it’s gonna change," Trump said. "It’s going to change... Tariffs are going to come way down." 

He continued, "We’re like the piggy bank that everyone’s robbing, and that ends." 

His statement came after considerable rancor reportedly enveloped the G-7 summit, an annual meeting in which the leaders of the seven most industrialized nations—Canada, France, Germany, Italy, Japan, the U.K. and the U.S.— come together to discuss foreign affairs. Held in Canada this year, the meeting's official agenda focused on job growth, advancing gender equality, climate change and peacebuilding. Trump said that he also discussed the possibility of Russian rejoining the summit and immigration. 

"I think it would be good to have Russia back in," Trump said during the conference. "I think having Russia back in would be a positive thing. We’re looking for peace in the world. We’re not looking to play games."

Trump, who arrived later than the other leaders, also made an early exit from the summit and ultimately skipped discussions on climate change. The president, who told reporters that the meeting was "not contentious," is scheduled to fly directly to Singapore, where a much-anticipated summit with North Korean leader Kim Jong Un awaits.

Most leaders at the summit have clashed with Trump over new tariffs, which impose a 25 percent tax on imported steel and a 10 percent tax on imported aluminum. 

Canada Prime Minister Justin Trudeau called them “totally unacceptable" on May 31, describing them as “an affront to the long-standing security partnership between Canada and the United States, and in particular to the thousands of Canadians who have fought and died alongside American comrades-in-arms.”

French President Emmanuel Macron, who has previously described Trump as a "friend," said conversations should remain police but still repudiated the new policies. 

“Maybe the American president doesn’t care about being isolated today, but we don’t mind being six, if needs be,” Macron said. "...“Because these six represent values, represent an economic market, and more than anything, represent a real force at the international level today." 

During the Saturday press conference, Trump slammed the press for reporting on heightened tensions at the meeting. 

"The relationship that I’ve had [with the other leaders] is great, so you can tell that to your fake friends at CNN," the president told one reporter. 

This is a developing story. Check back for updates.

06_08_Donald_Trump US President Donald Trump speaks to the press before departing the White House for the G7 summit in Washington, DC, on June 8, 2018. Nicholas Kamm/AFP/Getty Images

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