Trump pulled the US out of the G7 Communique because US allies refuse to be bullied on trade.
Trump tweeted:
To get more stories like this, subscribe to our newsletter The Daily.
The CBC reported, “The vehicles leaving Canadian car plants for sale in the U.S. typically contain around 70 to 75 per cent NAFTA-zone content. Of that, the greatest share by far is American. In fact, so many U.S. car components enter this country for assembly that Canada runs a trade deficit of $13 billion with the U.S. in this category alone — an amount equivalent to Canada’s entire manufactured goods surplus with the U.S. in 2016.”
Trump’s tariff won’t be hurting Canada, but US auto parts suppliers.
Trump’s tantrum is all about the fact that he tried to bully the G7 and was laughed out of the meeting. Trump’s G7 press conference was a bizarre embarrassment.
His rants about trade policy were described as detached from reality by CNBC’s John Harwood:
Trump is throwing a fit because he is failing on the world stage. His tariff threats aren’t working, and the biggest losers of all are going to be the American people as the Trump tariffs are going to turn what was a good economy into a recession.
For more discussion about this story join our Rachel Maddow and MSNBC group.
Jason is the managing editor. He is also a White House Press Pool and a Congressional correspondent for PoliticusUSA. Jason has a Bachelor’s Degree in Political Science. His graduate work focused on public policy, with a specialization in social reform movements.
Awards and Professional Memberships
Member of the Society of Professional Journalists and The American Political Science Association
Trump made a massive mistake as he tried to change the subject from David Pecker's…
Trump's effort to get a new trial in the E. Jean Carroll case wasn't just…
Donald Trump has been complaining that he can't campaign due to the criminal trial, but…
After Minority Leader Mitch McConnell (R-KY) admitted that Republicans killed the bipartisan, conservative border bill,…
David Pecker testified that he believes Donald Trump also had knowledge of the catch and…
Trump's lawyer made outlandish claims of broad and comprehensive presidential immunity that liberal and conservative…
This website uses cookies.