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German Chancellor Angela Merkel looks towards President Donald Trump during a working breakfast at the G7 summit on Friday. Photo: Leon Neal/Getty Images

German Chancellor Angela Merkel on Sunday called President Trump’s abrupt decision to withdraw support for a G7 communique “sobering and a bit depressing” and cautioned that the European Union, like Canada, will impose counter-measures against U.S. tariffs on steel and aluminum, per Reuters.

The details: Her remarks add to the international backlash over Trump’s surprise withdrawal from the G7's joint message via Twitter on Saturday en route to Singapore for a summit with North Korean leader Kim Jong-un. Merkel said in a televised interview that the G7 debacle didn’t mark the end of transatlantic partnership between Europe and the U.S., but added that Europe will not rely on the U.S. and will take steps to protect its own interests.

Another key highlight: Merkel said that Russia should be allowed to rejoin the G7 only when a peace plan for Ukraine can be implemented.

  • Ahead of the G7 summit, Trump told reporters that Moscow, which was ousted in 2014 from the group of leading industrial countries for annexing Crimea, should be reinstated — reforming the Group of 8 (G8).

Go deeper:

Go deeper

Ben Geman, author of Generate
1 hour ago - Energy & Environment

What to watch as infrastructure talks heat up

Illustration: Annelise Capossela/Axios

A mix of Beltway action and extreme weather events have brought the fault lines in infrastructure talks and their planetary stakes into sharper focus.

Catch up fast: Senate Democratic leaders pledged to seek big climate measures in a multitrillion-dollar, Democrats-only package that faces a very narrow political path.

Drought, record heat wave in West tied to climate change

People on Folsom Lake in Granite Bay, California, U.S., June 16, 2021. Photo: David Paul Morris/Bloomberg via Getty Images

The prolonged and widespread heat wave in the West, along with the region's increasingly severe drought, is a sign of how climate change has already tilted the odds in favor of such extremes, studies show.

Why it matters: The rapidly growing Southwest, in particular, is also the nation's fastest-warming region. The combination of heat and drought could lead to a repeat, or even eclipse, the severity of 2020's wildfire season in California and other states.

Kendall Baker, author of Sports
3 hours ago - Sports

The sports stock market

Note: Michael Jordan's card is for baseball; Data: Alt; Table: Andrew Witherspoon/Axios

Shohei Ohtani's trading card value has risen 781% since the start of 2021, the highest year-to-date return of any athlete on Alt, a sports card exchange that aims to bring more liquidity to alternative assets.

Why it matters: The trading card market is the closest thing we have to a stock market for sports.

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