Tuesday, 16 October, 2018

Donald Trump: Top economies should drop all tariffs

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Ginger Lawrence | 10 June, 2018, 01:47

"I don't blame other leaders for that, I blame our past leaders". Each country now faces crucial decisions about how to proceed. "I think it will be very positive", Trump said on Friday, without giving details. "The EU trade surplus with the U.S.is $151 Billion, and Canada keeps our farmers and others out".

"You go tariff-free, you go barrier-free, you go subsidy-free", Trump opined, calling it "the ultimate thing". But if steps arent taken, he said, the penalties would be severe.

'I will be on a mission of peace and will carry in my heart the hearts of millions of people, all over the world, ' he said before his journey. The U.S. president delivered a rambling statement before taking questions from journalists.

Trump pulled out of President Barack Obama's landmark nuclear accord with Iran over the objections of European allies.

The summit was wrapping up just as Chinese President Xi Jinping begins hosting the leaders of Russian Federation and Iran at a two-day regional security meeting in a symbol of the power-play between East and West.

Mr Trump said the move would protect domestic producers that were vital to USA security.

Donald Trump's G7 press conference in La Malbaie, Que. on Saturday was certainly interesting, to say the least.

Trump's strained relationship with the rest of the G7 was evident on Saturday when he arrived late for the opening session, with Trudeau addressing a gathering that included an empty chair where the president was meant to be. She stands opposite him, leaning over a table with both arms extended as other leaders and aides look on.

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On the North American free-trade negotiations, Mr. Trump said he proposed a bilateral deal to Mr. Trudeau, an idea the prime minister rejected.

"The simple fact is that more trade has been overwhelmingly beneficial to USA families and to net USA job creation for 75 straight years, and pretending America has been taken advantage of - that is, pretending that we're losers - isn't true".

Trump will be leaving the summit four hours earlier to travel to Singapore to meet North Korean leader Kim Jong-un.

In an interview on Saturday with Russian state TV, Putin said he has found Trump to be a "thoughtful man" and believes "dialogue can be constructive" between the two. "You know, the way they say you know if you're going to like somebody in the first five seconds". Trump credited his intuitive "touch" as a dealmaker. He bashed "fake news CNN" as "the worst". "And that's a very profitable answer, if we have to do it".

Trump is telling reporters that he told world leaders that the USA will take whatever steps necessary to prevent unfair foreign trade practices.

"It's a lot of 'fake news, ' but at the same time I have great respect for numerous people in the press", he said.

Republican Sen. Ben Sasse of Nebraska said Trump's comments on eliminating tariffs among G7 nations would be "tremendous news" if the President is serious about the issue, adding, "I would happily carry his bag to every single meeting of those negotiations".