Trump says 'wouldn't mind' scrapping Nafta for bilateral deals

Jean-Claude Juncker

Trudeau also discussed NAFTA talks, saying Canada, the U.S. and Mexico had come so close to a deal he had offered to meet President Donald Trump in Washington.

Underscoring that Washington D.C. has a United States dollars 2 billion surplus on steel with Ottawa, the Canadian Prime Minister said, "The reason I don't know [what he wants] is because he's talked about the fact that he's anxious about trade surpluses, trade deficits around the world".

"When you're nearly 800 Billion Dollars a year down on Trade, you can't lose a Trade War!"

"We are alienating all of our friends and partners at a time when we could really use their support", said Wendy Cutler, a former USA trade negotiator who is now vice president at the Asia Society Policy Institute. In fact, U.S. Commerce Department numbers show, the United States recorded a trade surplus with Canada for each of the past three years. The Harmonized System contains a unique code for a product to distinguish it from other materials and is used to standardize the identification of goods moving through the worldwide trade system.

Japanese Finance Minister Taro Aso, whose country's steel and aluminum producers have been paying the United States tariffs since March 23, labelled the U.S. decision as "deeply deplorable", saying it was the "US against everyone else".

"President Trump has been very clear in wanting to address trade issues".

Michael Rotondo, 30-Year-Old Evicted From Parents' Home, Finally Moves Out
Earlier this week, Rotondo called 911 after an unknown person reached him on his cellphone and called him a "loser". Rotondo argued that he had the right to stick around a while longer. "I love my parents immensely", he said.

"Certainly, these actions taken on these tariffs are not ones that are conducive to a positive dialogue", he told reporters as a meeting of Group of Seven finance ministers got underway in British Columbia.

The world's two biggest economies have threatened to impose tariffs on up to 200 billion dollars' worth (£150 billion) of each other's products.

This could mean that the EU will either neutralize or retaliate against the US with European tariffs.

"If there is an escalation it will be because the European Union would have made a decision to retaliate", he said, adding that Washington did not want a trade war with the EU.

The EU trade commissioner, Cecilia Malmstrom, has said Mr Trump's tariffs are "further weakening transatlantic relations".

Canada's Minister of Foreign Affairs, Chrystia Freeland, said the Trump administration's unilateral trade restrictions violate NAFTA and World Trade Organization rules, and therefore Canada will launch dispute settlement proceedings. Following this, Canada filed a complaint at the WTO over Trump's tariffs.

White House Announces Tariffs, Trade Restrictions To Be Placed On China
In response, the Chinese Ministry of Commerce said it was "surprised" by the move but at the same time "somewhat expected" it. But in subsequent weeks, negotiations with China focused on narrower concerns, such as the bilateral trade deficit.

He also discussed addressing a trade imbalance with Europe in a phone conversation with French President Macron, who warned that Europe would respond in a "firm and proportionate manner".

Besides the USA steel and aluminum tariffs, the Trump administration is also investigating possible limits on foreign cars in the name of US national security.

He added: "The U.S. now leaves us with no choice but to proceed with a WTO dispute settlement case and with the imposition of additional duties on a number of imports from the U.S. We will defend the Union's interests, in full compliance with worldwide trade law".

The EU fired its first riposte against Washington's punishing steel and aluminium tariffs yesterday, joining Canada and Mexico in a brewing global trade war against United States protectionism. The said trade-move would raise prices of a range of everyday products.

Trump on Thursday slapped tariffs as high as 25 percent on metals imported from the European Union, Mexico and Canada....

US President Donald Trump still has time to avoid a trade war over tariff hikes aimed at Canada, the European Union and Mexico, G7 finance ministers says after a meeting in the Canadian ski resort town of Whistler.

Trump wants information on ‘spies’ before Mueller interview
Giuliani also raised the specter of a protracted legal fight over the question of a Trump interview if Mueller chose to seek a subpoena.

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