Business

Trump adviser says there’s a ‘special place in hell’ for Canadian leader

Trump adviser says there’s a ‘special place in hell’ for Canadian leader

"If you tax trade through tariffs there's no guarantee that domestic sources will replace it, plus the loss of trade undermines competition, it reduces productivity, it removes the incentive to innovate, and makes everyone poorer", the official said.

Trump's extraordinary outburst on Monday against North Atlantic Treaty Organisation allies, the European Union and Canada appeared aimed at striking a chord with voters who support his "America First" agenda.

Trudeau said he had reiterated to Mr. Trump, who left the G7 meeting before it ended, that tariffs would harm industries and workers on both sides of the U.S.

That was part of a string of messages in which the president asserted the United States "pays close the the entire cost of NATO" while other member countries take advantage of the USA on trade.

South African President Cyril Ramaphosa, who met with Trudeau on Sunday, said it was time for G20 nations to play a role and to "also bring about some good sense to all the key players".

Yet Buthe cautioned: "These kind of things can spiral out of control fairly quickly" as countries hammer each other with escalating retaliatory tariffs. "These are really unrelated baskets of issues".

Trump himself told reporters on Saturday that the summit was not contentious and called his relationship with G7 allies a "10".

But another USA official, speaking on condition of anonymity, acknowledged: "The timing for all this is not very good at all".

Mr Trump's salvo capped a rollecoaster two days of controversies that began with his suggestion Russian Federation be readmitted to the G7, then what a French official described as a "rant" full of "recriminations" against United States trading partners, followed by a denial of any tensions with leaders at the summit and his description of their relationship as a "10".

More news: BT chief executive Gavin Patterson to leave post later this year
More news: Unravel 2 is out now
More news: Nabil Fekir's move to Liverpool appears to be off... for now

"Along with a number of other colleagues she believes the USA decision to impose tariffs on steel and aluminum imports from some of its strongest allies is deeply regrettable", said the official, who spoke on condition of anonymity. "This could cast a long shadow over global growth, which has rebounded in recent weeks after a soft start to the year". But the lead-up to the much-anticipated summit has been overshadowed by the aftermath of the G-7 summit, which saw Trump warning some of the U.S.'s closest allies that they must remove trade barriers or face consequences.

Trump on Sunday went on to criticize the European Union for having a $151 billion trade surplus with the US, when in fact it is $101 billion, according to the Associated Press.

The US pays 22 percent of NATO's budget - higher than any other nation.

The US President's announcement, made after he left the summit in Canada early, torpedoed what appeared to be a fragile consensus on the trade dispute between Washington and its allies.

Before shortening his planned participation on the eve of his departure, Trump found himself publicly feuding with the summit's host, Canadian Prime Minister Justin Trudeau, and with French President Emmanuel Macron - two leaders who previously banked on flattery to win concessions with the American. But then Trump pulled out of a joint statement while citing "false statements" by Canada's prime minister, Justin Trudeau.

On Saturday, he called Mr Trudeau "very dishonest and weak".

"What we have is a country here in the United States, which has the lowest tariffs in the world, lowest non-tariff barriers in the world", said Peter Navarro, a White House trade adviser, on CNN in March.

In a string of tweets on Sunday, Trump claimed that Canada made "almost 100 billion dollars in trade with United States (guess they were bragging and got caught!)".

For many observers, it was confirmation that relations between the two North American leaders had reached a personal low that defies comparison in recent history.