Trump attacks US allies after 44th G7 Summit
Written by: George Kalisa
Monday, June 11th, 2018, 5:02
The United States’ President Donald Trump has attacked his country’s allies over unfair trade relations which he referred to as “Fool Trade” shortly after the G7 Summit and warned of a looming change.
“Fair Trade is now to be called Fool Trade if it is not Reciprocal. According to a Canada release, they make almost 100 Billion Dollars in Trade with U.S. (guess they were bragging and got caught!). Minimum is 17B. Tax Dairy from us at 270%. Then Justin acts hurt when called out!” said President Trump through twitter.
Trump’s obsession to protect Americans from economic exploitation is no longer a secrete and hence his altruism and urgency to have national interests prevail over cooperation might damage the longstanding cooperation between the US and allies particularly Canada since the Canadian Prime Minister Justin Trudeau has declared a retaliation plan next month against the new US foreign policy on trade.
Trump said that he had ordered the US delegation not to sign G7 communiqué after accusing the Canadian PM of being dishonest and weak.
“Based on Justin’s false statements at his news conference, and the fact that Canada is charging massive Tariffs to our U.S. farmers, workers and companies, I have instructed our U.S. Reps not to endorse the Communiqué as we look at Tariffs on automobiles flooding the U.S. Market!” he said.
A highly emotional Trump said: “PM Justin Trudeau of Canada acted so meek and mild during our G7 meetings only to give a news conference after I left saying that, “US Tariffs were kind of insulting” and he “will not be pushed around.” Very dishonest and weak. Our Tariffs are in response to his of 270% on dairy!
Trump said some countries were taking advantage of the US something he cannot tolerate anymore.
Sorry, we cannot let our friends, or enemies, take advantage of us on Trade anymore. We must put the American worker first! Why should I, as President of the United States, allow countries to continue to make Massive Trade Surpluses, as they have for decades, while our Farmers, Workers & Taxpayers have such a big and unfair price to pay? Not fair to the PEOPLE of America! $800 Billion Trade Deficit...” said Trump.
The US President has not spared Europe as well accusing of peanut contribution towards NATO business, citing Germany that allegedly pays only one per cent.
“...And add to that the fact that the U.S. pays close to the entire cost of NATO-protecting many of these same countries that rip us off on Trade (they pay only a fraction of the cost-and laugh!). The European Union had a $151 Billion Surplus-should pay much more for Military!” observed Trump.
“Germany pays 1% (slowly) of GDP towards NATO, while we pay 4% of a MUCH larger GDP. Does anybody believe that makes sense? We protect Europe (which is good) at great financial loss, and then get unfairly clobbered on Trade. Change is coming!” he added.