United States is a 'piggybank everyone is robbing', says Trump at G7

Lucy Bush
June 10, 2018

Mr. Trump responded directly to this statement in a tweet Saturday evening, writing that Trudeau "acted so meek and mild" and then held the press conference afterward criticizing the U.S.

Donald Trump has been busy attacking USA allies ahead of the G7 summit which begins today in the town of La Malbaie in Quebec. "And we're not going to be able to do that work when our retaliatory tariffs, which are real, they're significant", Morneau said in a Saturday interview.

Trump had told Trudeau any retaliation would be a mistake and the prime minister agreed that it was "not something we want to do".

His comments were reported by CTV.

As he headed to a G7 summit in Canada, Mr Trump said: "Russia should be in the meeting".

But Trump's gambit, which his economic adviser Larry Kudlow told reporters amounted to a "free trade proclamation", called the other leaders' bluff - if they're so opposed to his new tariffs, he suggested, why not eliminate all tariffs?

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President Donald Trump leaves the main building alongside White House Press Secretary Sarah Huckabee Sanders during the G7 Summit on June 9, 2018 in Quebec City, Canada.

Also hanging over negotiations are the fact that time has essentially run out for reaching a deal before the Mexican presidential election July 1 and congressional mid-terms this fall; and the new steel and aluminum tariffs that Trump has now extended to Mexico, Canada and the European Union.

The bombshell tweet came after G7 nations appeared to have papered over the cracks in their alliance at the two-day summit in La Malbaie, Quebec, where Trump defiantly brandished his "America First" agenda.

"This isn't just G7". I mean, we have India, where some of the tariffs are 100 per cent ...

"We're the piggy bank that everybody is robbing".

'And it's going to stop.

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"They do so much more business with us than we do with them ... the numbers are so astronomically against them - we win that war a thousand times out of a thousand".

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.

Speaking in a solo press conference from the resort town of La Malbaie in Quebec, the president said that for too long, USA trade has suffered from "bad" trade deals agreed to by past US presidents. Trudeau rejected the idea.

The G7 summit got underway on Friday under the specter of an escalating trade battle between the U.S. and some of its longtime allies. The president said Saturday that re-admitting Russian Federation to the elite club would be "an asset", telling reporters, "we're looking for peace in the world".

Other outstanding issues apparently remain, such as Chapter 19, which sets out dispute settlement panels for anti-dumping and countervailing duties that Canada and Mexico want kept in the deal but that the USA wants kept out.

Trump, who angered his G7 partners last week with tariffs on steel and aluminum imports from Canada, the European Union and Mexico as part of his "America First" agenda, vowed to hold firm until us goods had "fair" access to markets.

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Other reports by Info About Network

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