Residents with any information have been urged to contact the concerned authority
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President Donald Trump took more swipes at Canada and its prime minister over trade issues as he settled in for a summit with North Korea in Singapore, contending that "Fair Trade is now to be called Fool Trade if it is not Reciprocal."
Trump roiled the Group of Seven meeting in Canada by first agreeing to a group statement on trade only to withdraw from it while complaining that he had been blindsided by Canadian Prime Minister Justin Trudeau's criticism of Trump's tariff threats at a summit-ending news conference. As he flew from Canada to Singapore Saturday night, Trump displayed his ire via Twitter, which he also employed to insult Trudeau as "dishonest" and "weak."
The attack on a longtime ally and its leader drew sharp criticism. German Chancellor Angela Merkel, who also attended the summit, told German public television that she found Trump's tweet disavowing the G-7 statement "sobering" and "a little depressing." Merkel also said the European Union would "act" against the US trade measures.
Unbowed, Trump tweeted anew Monday morning from Singapore: "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 US (guess they were bragging and got caught!). Minimum is 17B. Tax Dairy from us at 270%. Then Justin acts hurt when called out!"
He added: "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...And add to that the fact that the US 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!"
And he brought in Merkel's government: ....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!"
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!
- Donald J. Trump (@realDonaldTrump) June 11, 2018
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...
- Donald J. Trump (@realDonaldTrump) June 11, 2018
....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!
- Donald J. Trump (@realDonaldTrump) June 11, 2018
....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!Earlier, the White House escalated the initial tirade and leveled more withering and unprecedented criticism against Trudeau, branding him a back-stabber unworthy of Trump's time.
- Donald J. Trump (@realDonaldTrump) June 11, 2018
Residents with any information have been urged to contact the concerned authority
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