US and Canada continued trade talks

During Nafta negotiations Trump disrespectfully comments on Canada

<strong>During Nafta negotiations</strong> Trump disrespectfully comments on Canada

It promised to be a quiet weekend in Washington: the trade agreement with Mexico in dry sheets, the chances of reaching an agreement with Canada well, the economic truce with Europe intact, the words towards China rather friendly. But Donald Trump is one for whom rest seems to be what other people’s scabies are – unbearable. In a single interview, the US President on Friday canceled out the hope of further easing the global trade dispute and instead once again launched on Europeans, Chinese and Canadians.

The Verbalattacke apparently contributed to the fact that the US-Canadian talks on a reform of the Nafta Free Trade Agreement contrary to expectations again had to be interrupted without result. They should be continued next week. What prompted Trump to switch back into attack mode right now was initially left open.

is on average the customs Canada levies on the import of dairy products. This has brought US President Donald Trump on the palm of a deal that a reform of the Nafta Free Trade Agreement to the last at this point hung. What Trump keeps secret: The US also demands high tariffs on individual agricultural products.

An excerpt on Friday from the interview of the President with the news agency Bloomberg , which was actually not intended for publication, but had been leaked to the Canadian newspaper Toronto Star for special excitement. In it, Trump admits that he is not looking for a compromise with the Ottawa government, but simply threatens to impose tariffs on car imports until Canada meets all its demands. However, he could not say this publicly because the Canadians then lose face and have to break off the negotiations. “Let’s just say, Canadians are working their asses off, but whenever we have a problem at one point, I’m just holding up a photo with a Chevrolet Impala,” the president said.

The GM car is manufactured in Canada. It is unclear how the statements of the President came from the interview with the Bloomberg journalists to the Toronto Star . Trump complained on Twitter that was quoted from the background conversation. At the same time he confirmed the content: “At least Canada now knows where I stand,” he wrote.

The issue of tariffs on cars so troublesome for the EU was raised by Trump in the interview with a new source of conflict. The Brussels proposal to simply cancel all car taxes on both sides was “not good enough,” he complained. He seems to swear meanwhile that it is not just different import duties that prevent many Europeans from buying American cars. “Their consumption habits are such that they buy their own cars, not ours,” Trump complained.

The lack of interest in US cars pokes him so angry that he made a real deal. The EU is also shy of agricultural products, “it is not even an inch, they have a wall,” he complained, without mentioning that the dispute is also a fundamental conflict over the handling of GM food. Overall, Trump said, the EU is “almost as bad as China – only smaller”.

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With the criticism of the President also his European “friend”, the “great Jean-Claude” Juncker, the head. Both politicians had agreed at the end of July in principle on the extensive reduction of almost all industrial duties, but excluding the sensitive topic cars. The head of the European Commission said on Friday on ZDF, he assumed that the ceasefire with the US will hold. When asked what would happen if Trump made his earlier threat true and charged import cars from Europe with high duties, he said: “Then we’ll have to do that too.”

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 The US president went even further, accusing Europeans of manipulating the course of their currency with China. The aim is to harm US companies and torpedo Trump’s efforts to reduce global trade imbalances. “Not only do we compete with the yuan, we also compete with the euro, they fall, fall and fall”, he said – which, however, is not factual in relation to the euro. Trump also criticized once again the decision of Chancellor Angela Merkel to buy more natural gas from Russia. “I told her that from my point of view, it’s ridiculous to have a NATO to defend against a particular country and then to transfer that land to a fortune,” he said. “What kind of deal is that supposed to be?”

According to US media reports, the president is also ready to push the trade conflict with China further to the extreme. Trump is expected to order by the end of next week, to impose punitive tariffs on Chinese goods worth another $ 200 billion on importation into the United States, it said.

Perhaps even more serious is his threat to withdraw the US from the World Trade Organization (WTO). Should this actually happen, the president would have smashed an essential pillar of post-war economic policy. Trump, who believes the US is systematically discriminated against by the WTO, described the agreement to found the organization in the interview as “the worst trade deal ever concluded.” This is also noteworthy because he had always reserved this title for the Nafta contract so far.

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