Sunday, 17 June, 2018

Trump's Tweets Slam Canada and Trudeau Anew from Singapore

Trump considering separate NAFTA deals? | Apparel Industry News One map shows why Trump’s trade fight with Canada could end in disaster
Melinda Barton | 13 June, 2018, 12:34

Trudeau, who hosted the major diplomatic convention, has called the move an insult to the countries' historically close relationship, and Canada responded by compiling a long list of new tariffs on American products.

Trump on Saturday skipped out early on the G-7 meeting after rejecting the summit's statement of shared values.

In this handout photograph provided by The Strait Times, U.S. President Donald Trump with North Korean leader Kim Jong-un (unseen) during their historic U.S. -DPRK summit at the Capella Hotel on Sentosa island on June 12, 2018 in Singapore.

Since then, several Trump aides have publicly criticized Trudeau.

Describing the USA tariffs on European steel and aluminium as "unjustified", she left no doubt that EU nations would impose counter-measures on United States goods in response but cautioned against tit-for-tat retaliation which might lead to a trade war.

"First of all, we'll try and see if we can prevent this. Here in Canada, our federal government is delaying putting tariffs in place until July 1st", Aylward said.

PM Justin Trudeau of Canada acted so meek and mild during our @G7 meetings only to give a news conference after I left saying that, "US Tariffs were kind of insulting" and he "will not be pushed around". Such a trade war would make products from other countries more expensive for USA consumers and products from America more expensive in other countries.

"Business confidence, and subsequently capital spending, is at risk if this tension continues through the summer", said Tai Hui, J.P. Morgan Asset Management chief market strategist for Asia Pacific.

"The Prime Minister said nothing he hasn't said before - both in public, and in private conversations with the President", the statement read. Among other things, she said the government should be preparing to keep pace with corporate tax cuts and tax breaks south of the border. "It's very unfair, and it's very unfair to our workers, and I'm gonna straighten it out".

Later during the show, Smith further said Trump's latest attitude towards Trudeau isn't a new thing and he has "been kicking allies in the teeth his whole presidency".

The communique - which had appeared to have papered over the cracks that surfaced at the summit - said the leaders of the US, Canada, Britain, France, Italy, Germany and Japan agreed on the need for "free, fair, and mutually beneficial trade" and the importance of fighting protectionism. And what did Trudeau do as soon as the plane took off from Canadian airspace?

"POTUS is not going to let a Canadian Prime Minister push him around", said Larry Kudlow, director of the National Economic Council. Yet the beauty of it was in the last line: " Our Tariffs are in response to his of 270% on dairy!".