President Donald TRUMP on Sunday denied that his trade war with China is causing friction at the G7 summit, but indicated he will hold off from a threatened further escalation for now. “I think they respect the trade war. It has to happen,” TRUMP told reporters in Biarritz, France, where he was meeting with other leaders of the G7 group. Asked if the other leaders had criticized the massive trade struggle, he said “no, not at all. I haven’t heard …