Hold on to your hats people…
He’s at it again….
Stuck in a meeting with the leaders of the planets biggest industrial countries….
Fighting with them over trade and how to deal with Russia….
Donald Trump offers a surrender?
He mumbles about getting rid of trade barriers…..A lunge the opposite way he has been known to think…..
Oh, It sounded like the guy meant ALL trade barriers…..
We’ll see how this plays….
President Donald Trump on Friday floated the idea of ending all tariffs and trade barriers between the U.S. and its G-7 allies — an unexpected pitch that comes amid a tit-for-tat trade war Trump recently launched.
Trump offered the aspirational proposal at the end of a contentious meeting on trade disputes at the G-7 summit in Quebec, an annual gathering of the leaders from seven major industrialized nations. During the private gathering, Europe’s major economic powers pushed back hard against Trump’s repeated assertions that the U.S. is a victim of unfair trade practices.
“We should at least consider no tariffs, no barriers — scrapping all of it,” Trump said, according to officials who were listening and taking notes.
Trump floated the idea — which was received as somewhat rhetorical — as the meeting was breaking up and was quickly challenged by Canadian Prime Minister Justin Trudeau, who asked, “What about subsidies?”
The other G-7 leaders — from Britain, Canada, France, Germany, Italy and Japan, as well as the presidents of the European Commission and European Council — have been trying to impress upon Trump the complexity of trade issues, insisting that his oft-repeated complaint about the trade imbalance between the U.S. and allies on many manufactured goods is only part of the picture….
European leaders, who had met to coordinate how they would handle the combustible American president, pushed back hard, but also heaped praise on Trump, hoping to butter him up. For example, they told Trump that millions of European citizens own Apple iPhones….
This whole response from Trump could have engineered by a simple move by the other leaders….
Butter up the American President….
It will be up to Trump’s staff and whispering friends to deal with his ego, actual American trade policy, the American economy and politics of all of this…