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The Macron-Trump bromance has a dark side, just like sausage-making

08 June, 2018, 13:39 | Author: Lucille Rivera
  • US President Donald Trump and French President Emmanuel Macron hold a joint press conference at the White House in Washington DC

"Being open to technologies of the future doesn't mean we have to accept all their uses", he said.

Donald Trump's top economic adviser dismissed differences over tariffs as a "family quarrel" Wednesday as reports of a testy phone call between the president and Prime Minister Justin Trudeau roiled Canada-U.S. relations ahead of this week's G7 summit.

"These six represent values, represent an economic market, and more than anything, represent a real force at the worldwide level today", Macron said. USA stocks were trading higher on Wednesday.

Canada's Trade Minister Francois Philippe Champagne called the recently introduced United States tariffs on steel and aluminum "an attack on the world economic order". The U.S. president's move immediately angered European leaders and other foreign trading partners.

Trudeau called it "inconceivable" that national security concerns could be a legitimate reason to impose the tariffs during a press conference last week and said it was "an affront" to Canada, whose soldiers have fought and died alongside Americans in several worldwide conflicts.

Mr Trump is trying to use the threat of tariffs on steel and aluminium imports, as well as other goods, to force numerous countries to agree to trade concessions.

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Canada and Mexico have retaliated against a range of USA exports that include pork, bourbon and steel, and the European Union has promised to do so as well, raising the specter of a tit-for-tat trade war that could damage the world economy.

Japan is also expected to take a less confrontational approach than its G7 peers, while still quietly pressing its case on trade. Japan has said it can not normalize diplomatic relations without the issue being resolved.

Trump made the erroneous historical reference during the call with Trudeau on May 25, the network quoted sources familiar with the discussion as saying. -Canada relationship - as well as the effort by Canadian politicians of different stripes to appear united when they press Washington on trade issues.

Who's afraid of a trade war, and who should be?

"He will continue to make the fight because he believes it's in the best intertest of the United States", said Kudlow, director of the National Economic Council.



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