by Ruby Henley
Everyone should be flexible and willing to bend, as life requires growth and change. President Trump surprised everyone at the G7 Summit in Canada by suggesting a radical change to the International trading system. He suggested that all tariffs, trade barriers, and Industrial subsidies should be dropped in order to facilitate free trade.
“No tariffs, no barriers, that’s the way it should be,” Trump said. “And no subsides, I even said not tariffs.”
Of course, it shocked everyone, as this comes after Trump decided to impose large tariffs on steel and aluminum imports from the European Union, Canada, and Mexico. Shortly following, he hit the rest of the world with the same tariffs.
Why would he make such a drastic change in his thinking?
“Ultimately that’s what you want, you want tariff free, no barriers, and you want no subsides because you have some countries subsidizing industries and that’s not fair,” Trump said. “So you go tariff free, you go barrier free, you go subsidy free, that’s the way you learned at the Wharton School of Finance.”
Well, there you go!
“I don’t know if they were surprised with President Trump’s free trade proclamation, but they certainly listened to it and we had lengthy discussions about that,” Larry Kudlow, Trump’s financial advisor, said at the press conference. “As the president said, reduce these barriers, in fact go to zero, zero tariffs, zero non-tariff barriers, zero subsidies, and along the way we’re going to have to clean up the international trading system.”
“We can’t have an example where we’re paying, the United States is paying, 270% — just can’t have it — and when they send things into us you don’t have that,” Trump said at the press conference.
President Trump also made another radical statement that angered the world’s leaders at the G7 Summit, but you can’t please everyone, now can you? Let them stew in their own juices.
He challenged the 2014 Hague Declaration and suggested Russia to be reinstated as a member of the world’s group of nations – making no mention of conditions the West has demanded in terms of ending its intervention in Ukraine.
Concerning Russia’s actions in Crimea he stated, “It’s been done a long time, I would rather see Russia in the G-8, as opposed to the G-7. I would say that the G-8 is a more meaningful group than the G-7, absolutely.”
President Trump is just too straightforward and to the point for most of the stuffy world’s leaders, and that is why they constantly throw tomatoes at him. What a shame that most elites have so much to hide. Some things never change.
He, also, made another statement which disturbed the stuffy bunch by bringing up Obama’s name –
“You have to ask President Obama, because he was the one who let Crimea get away,” he told reporters before leaving Canada for his meeting in Singapore with North Korea’s leader, Kim Jong-un. “That was in his administration.”
President Trump has so much on his shoulders right now, and I pray he can carry the load well.
Fox News reports on North Korea – www.foxnews.com/politics/2018/06/09/trump-warns-kim-jong-un-on-north-korea-summit-its-one-time-shot.html
The road to the summit has been bumpy, with Trump pulling out of the summit last month after aggressive language from Hermit Kingdom.
“You talk about your nuclear capabilities, but ours are so massive and powerful that I pray to God they will never have to be used,” he said in a letter to Kim.
Trump days later announced that the summit was back on but has remained only cautiously optimistic about how the historic meeting would pan out. On Saturday, he told reporters that while he was optimistic, Kim would only get one chance.
“It’s unknown territory in the truest sense, but I really feel confident,” he said. “I feel that Kim Jong Un wants to do something great for his people and he has that opportunity and he won’t have that opportunity again.”
“It’s a one-time shot and I think it’s going to work out very well,” he said.
At the end of the presser, he said that the minimum he was hoping for was a relationship and a dialogue. When asked how quickly he will know if something good will come of the summit and if Kim was serious, Trump said he’d know very quickly.
“Within the first minute I’ll know,” he said.
As for what issues would be raised at the summit, Trump said everything will be on the table:
“We’re going to raise every issue, every issue will be raised,” he said.
Published on Jun 9, 2018
During his press conference at the G-7 summit today, President Trump got pretty animated when he found out a reporter asking him a tough question was from CNN.President Trump is speaking this morning from the G-7 summit before leaving for Singapore.
The reporter brought up the tensions between the United States and allies, noting the perception he’s “leaving here early to go meet for more friendlier talks with K in Singapore.”
He asked, “Do you view it the same way and do you view the U.S. alliance system shifting under your presidency?”
The President’s first response was to ask, “Who are you with, out of curiosity?”
President Donald Trump doubled down on his suggestion that Ra be re-admitted into the G-7 in an impromptu presser on Saturday morning from the summit in Canada.
“Something happened a while ago where Russia is no longer in,” Trump said. “I think it would be an asset to have Ra back in.”
Ra was booted from the conference of the world’s leading economies after it invaded Ukraine and annexed Crimea in 2014.
One reporter brought that up with Trump in the Saturday morning presser, reminding him that the “something” that got Ra kicked out of the G-7 was when neighboring country.
“You have to ask President Obama, cause he was the one that let get away,” Trump dodged. “That was during his administration.”