Published: Wed, June 13, 2018
Economy | By

UK PM Theresa May backs Trudeau after Trump attacks

UK PM Theresa May backs Trudeau after Trump attacks

He claims these unfair trade practices cost American jobs and somehow create a national security risk by weakening producers.

Trump said he departed the Group of Seven summit that Trudeau hosted in Quebec late last week on "very friendly" terms with his six counterparts, including the leaders of France, Germany, Italy, Japan and Britain.

Describing the U.S. 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.

Trump continued with his tweets overnight, railing against countries that he said have trade surpluses with the United States, even as he was preparing for a crucial one-on-one summit with North Korean dictator Kim Jong-un in Singapore.

"We are all Canadians first and we will stand with Canadian workers and the families impacted by this escalating trade war", Conservative MP Candice Bergen said during her first question period ask Monday.

President Donald Trump's mistaken assertion that Canada burned down the White House in 1814 is minor compared with his confusion over the trade relationship with our northern neighbor.

The venom of the exchange sent shockwaves through foreign policy circles and rattled markets, as another sign of the weakness of the Western alliance and of the threat NAFTA will collapse.

Canadian Foreign Prime Minister Chrystia Freeland also did not appreciate Trump's comments, saying they were not "appropriate or useful".

"We support the continuing efforts by the president on North Korea, (and) we look forward to looking at the details of the agreement", Trudeau said.

A Trudeau spokesman, Cameron Ahmad, said on Saturday night that Mr Trudeau "said nothing he hasn't said before - both in public and in private conversations" with Mr Trump.

But Trudeau's absence was also likely part of a deliberate strategy to not add fuel to the Trump fire. "I don't understand the obsession with trade relations with Canada", he sighed.

"Sorry, we can not let our friends, or enemies, take advantage of us on trade anymore".

The United States has imposed 25 per cent tariffs on steel from Canada, Mexico and the European Union, and 10 per cent tariffs on aluminum.

If these goods that originate in Canada and are eventually sold there without have been substantially worked upon in the United States are taken into account then Ottawa comes out the victor.

Canada is on of the US's largest trade partners, with $673.9 billion worth of goods and services going between the two countries in 2017. Those remarks then sparked a Twitter outburst from Trump in which he called Trudeau "so indignant". "We have been, our trade is a disaster, our trade deals".

Trump's attacks have Canadian businesses that use aluminum and steel very anxious, said Ontario Conservative MP John Brassard, who added that there is real concern that there will be serious job implications in very short order.

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