Monday, June 11, 2018

Canada is Already Facing Financial CONSEQUENCES After Trudeau’s Disastrous G7 Performance

BY  JUNE 11, 2018

Justin Trudeau is officially “Making Canada Worse Again.”

Thanks to Trudeau’s disastrous performance at the G7 summit and his unwillingness to meet Trump half-way on trade, the Canadian dollar has already gone down.
In a series of blistering tweets that started in the week leading up to the G-7 summit and continued Monday morning, President Trump has repeatedly unloaded on “dishonest and weak” Canadian Prime Minister Justin Trudeau, whom Trump’s trade adviser consigned to “a special place in hell” for his “back-stabbing” over trade talks. Amid the ongoing feud, the Canadian dollar declined slightly over the weekend.
“Fair Trade is now to be called Fool Trade if it is not Reciprocal,” Trump tweetedMonday morning. “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!”
But Trump wasn’t done — not even close: “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 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! ….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!”
After a tweet expressing his excitement about his big trip to Singapore, Trump added one more line on trade: “Sorry, we cannot let our friends, or enemies, take advantage of us on Trade anymore. We must put the American worker first!”

http://truthfeednews.com/canada-is-already-facing-financial-consequences-after-trudeaus-disastrous-g7-performance/
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