The top White House economic adviser accused Canada's prime minister on Sunday of betraying President Donald Trump with "polarizing" statements on USA trade policy that risked making the American leader look weak on the eve of a historic summit with North Korea. Trudeau said Trump's citing of "national security" as a reason for the levies being imposed was "kind of insulting" to Canadian veterans who had stood by their U.S. allies in conflicts dating back to World War I.
He justified President Trump's decision to drop out of a joint statement made by G7 countries this weekend.
Canadian Prime Minister Justin Trudeau and French President Emmanuel Macron spoke candidly about pushing Trump to reverse his position on the tariffs. From his plane, he launched insults at the prime minister, calling him "very dishonest and weak".
At the summit, of which the build-up to had been dominated by Mr Trump's decision to slap tariffs on steel and aluminium imports, the world leaders had agreed a statement that read: "We acknowledge that free, fair and mutually beneficial trade and investment, while creating reciprocal benefits, are key engines for growth and job creation".
On Saturday, Mr. Trump arrived late for the first working session on gender equality but Canadian Prime Minister Justin Trudeau forged ahead with opening remarks without him, commenting wryly about "stragglers".
Later in the day Trump tweeted: "Just left the @G7 Summit in attractive Canada".
Donald Trump and Justin Trudeau have been at loggerheads over trade tariffs
"The world as we know it, namely the USA -led rules-based multilateralism, is now in serious danger of unravelling, as illustrated at the G7 meeting", said Erik Nielsen, chief economist at Unicredit Bank.
"I can tell you on the trade deal south of the border, we stand shoulder to shoulder with the prime minister and our federal counterparts".
Trump lashed out at Trudeau after the G7 issued a joint communique on Saturday in which the embattled alliance managed to overcome some differences and find areas of common ground. In response to USA duties, Canada has already issued its own tariff threats, which Trudeau said would go into effect on July 1.
"Kim must not see American weakness", Kudlow said. Tariffs are going to come way down because people can not continue to do that.
"Not to sign a statement of solidarity, which stands for everything that we stand for, is a big mistake", Feinstein said.
"I think in the case of the auto sector, I worked with the Bush and Obama administrations to help bail out that sector during the global financial crisis", Harper said.
Ending trade with other nations under the current system, Trump said, would be "a very profitable answer if I have to do it".
"No tariffs, no barriers, that's the way it should be, and no subsidies", Trump said on Saturday during a 30-minute press conference in La Malbaie. He said it won't take long to determine if Kim is serious about denuclearization.
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