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Trump’s trade delusion

9 3 1
12.06.2018

Halfway across the Pacific Ocean, Donald Trump heard the closing statements from the G7 summit in Quebec.

All the G7 countries had signed up to an anodyne closing communique that papered over the huge gap between the United States and the other six on world trade – but Canada’s Prime Minister Justin Trudeau then said once again that he would answer Trump’s big new tariffs on steel and aluminum imports with new Canadian tariffs hitting US exports just as hard.

He had said it before, including to Trump’s face just the previous day. The other national leaders present in Quebec said exactly the same thing, and none of them had changed their positions before the final communique was agreed. But Trump flew into a rage.

Trump retracted his endorsement of the joint........

© Hürriyet Daily News