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Trump refuses to endorse G-7 communique, threatens Canada with more tariffs

11 June, 2018, 17:54 | Author: Lawrence Cooper
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Moreover, after departing from the Quebec summit for Singapore, Donald Trump has slammed Canadian Prime Minister's remarks at the G7 news conference, where he said Canada would not be pushed around, as "very dishonest and weak".

Once again, he emphasized that the days of the USA getting the short end of the stick in its trading relationships with the world were over under his watch.

"Trump did not want to be isolated", Macron said. "What was strong was the language that this can not go on, but the relationships are very good".

"I think there are various discussions about alternatives that would not be that, and that would not be entirely destabilizing for a trade deal, and I think we are open to creativity", he said.

The investigation into cars is seen by some as a way for the U.S.to gain leverage in the talks to revamp Nafta, including Mexico, which is the largest source of US auto imports.

"Americans stand with you, even if our president doesn't", he wrote.

However, a subsequent tweet from Trump backed away from that notion and pointed to lingering divisions.

That leaves Trump diametrically opposed with Canada, which says renegotiating the deal every five years would create perpetual uncertainty and harm long-term investment.

Trudeau has used the word "insulting" several times in the last couple of weeks to describe Trump's tariffs, as the prime minister has taken issue with the fact they're being applied on the premise that Canada poses a national security threat to the U.S.

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Trudeau on Saturday rejected a USA demand for a sunset clause in NAFTA but said he was prepared to compromise on the issue, which is holding up talks to update the 1990s-era pact.

Trudeau refused, and the meeting was off.

"So we are either going to have NAFTA in a better negotiated form or we're going to have two deals".

White House economic adviser Larry Kudlow accused Trudeau of betraying Trump with "polarizing" statements on trade policy that risked making the US leader look weak ahead of a historic summit with North Korean leader Kim Jong Un.

"If a deal isn't made, that would be a very bad thing for Canada and a very bad thing for Mexico. I'm not looking to play that game". And we charge nothing, ' Trump said.

Canada's system of quotas and tariffs for dairy, poultry and eggs, known as supply management, is something of a sacred cow - all major political parties support it, and, given the value of existing quotas, farm groups erupt when changes are discussed. "As an example, 270 per cent, nobody knows that".

"We have done just that at this summit, registering our deep disappointment at the unjustified decision by the USA to apply tariffs to European Union steel and aluminium imports". According to the World Bank, America's average tariff is 1.6 per cent, the same as the EU's, only slightly higher than Japan's 1.4 per cent and double Canada's 0.8 per cent.

"It was not contentious", Trump said.

"Crimea was let go during the Obama Administration, and, you know, Obama can say all he wants, but he allowed Russian Federation to take Crimea".

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