Trump aide says Canada's Trudeau overreacting to trade dispute

Trump aide says Canada's Trudeau overreacting to trade dispute

Trump aide says Canada's Trudeau overreacting to trade dispute

Canada's Prime Minister Justin Trudeau lashed out at United States plans to impose tariffs on Canadian steel and aluminum for "national security" reasons, saying his soldiers had fought and died with American troops in Afghanistan.

Trudeau responded by calling the tariffs an affront to the longstanding security partnership between Canada and the United States.

On Sunday, during an interview with Fox News, White House economic adviser Larry Kudlow responded to Trudeau's comments saying that he didn't think these tariffs would impact the USA "friendship and longstanding alliance with Canada". He made the comment while outlining Canada's response to USA tariffs on steel and aluminum imports.

The European Union and China say they will deepen ties on trade and investment and that they fully support global trade rules, after U.S. President Donald slapped tariffs on steel and aluminum imports.

House Majority Leader Kevin McCarthy of California also defended the tariffs, saying Trump was "standing up" to protect US interests.

Trudeau's comments come following a decision by President Trump to impose a trade tariff on Canada, justifying his decision under Section 232, which states the country is a security threat. It's been a lousy deal for the United States from day one. "And I would just say to all of Canada's American friends.do you really believe that Canada, that your North Atlantic Treaty Organisation allies, represent a national security threat to you?"

Kudlow acknowleged the dispute over trade could jeopardise a U.S. economy that is now "clicking on all cylinders" with surging growth and low unemployment.

Canada's minister of foreign affairs has a message for the United States: "Please think hard about the message you're sending to your closest allies". "They're saying something that we believe is patently untrue".

The other finance ministers are urging Mnuchin to speak with President Trump to "communicate their unanimous concern and disappointment" ahead of next week's meeting between the member leaders.

On Thursday, Canadian Prime Minister Justin Trudeau said he had offered to meet with Trump this month to finish negotiating a NAFTA deal. U.S. Treasury Secretary Steven Mnuchin - who was the prime target of criticism at the meeting - held a separate press conference and said the U.S. wants to ensure fair and balanced trade. "Recent signs of protectionism from the USA are a risk to the forecast, raising the possibility of a global trade war", the IEA said in March, when Trump originally proposed tariffs.

"On trade, this is a G6 plus one", Mr Le Maire said after stepping outside briefly from the talks.

German Finance Minister Olaf Scholz said G7 countries also told Mnuchin about their opposition to new US sanctions on Iran, which will affect European companies.

Orange juice is one example of a USA good that can't be substituted easily at home.

Trudeau said he refused to go because of the "totally unacceptable" precondition.

Mnuchin faced so much criticism from his counterparts over the new trade levies that Japanese Finance Minister Taro Aso said he nearly "felt sorry" for the U.S. finance chief.

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