Top economic aide Larry Kudlow: 'Don't blame Trump' for trade tensions

Top economic aide Larry Kudlow: 'Don't blame Trump' for trade tensions

Top economic aide Larry Kudlow: 'Don't blame Trump' for trade tensions

While other World Trade Organisation members are also considering retaliating by targeting iconic American products - such as bourbon whiskey and Harley-Davidson motorcycles - the escalating tensions between Mexico and the United States may further complicate the renegotiation of the NAFTA.

U.S. President Donald Trump may seek separate talks with Canada and Mexico in a bid to get individual trade deals with the two countries, White House economic adviser Larry Kudlow said on Tuesday.

Canadian Prime Minister Justin Trudeau said the assertion that the tariffs are a response to national security threats is "insulting and unacceptable". "The six other nations of the G7 represent a market that is larger than the American market", Macron said.

Leaders dismiss Trump's national security concerns as "ridiculous". "So, when you talk about this issue you have to look at reality - the reality is that over the last 24 years we have built a very integrated supply chain, which has been good for (the) economy, good for consumers, good for workers on all sides".

But rhetoric on all sides has only become more heated, and Macron took it to another level in his Twitter post on Thursday.

"The idea that, you know, our soldiers who had fought and died together on the beaches of World War II and the mountains of Afghanistan, and have stood shoulder to shoulder in some of the most hard places in the world, that are always there for each other, somehow-this is insulting to that", he said.


A source told CNN in one particularly strained moment, Trump seemed to justify his actions by referencing the War of 1812. Asked to comment on those reports, Macron compared the call to "sausage-making" and quoted the 19th-century Prussian statesman Otto von Bismarck, who famously said that "if we explained to people how sausages were made, it's unlikely they'd keep eating them".

Despite early hopes, Macron has not had the influence on Trump that some were expecting.

Kudlow said allies should understand that Trump "will do what is necessary to protect the USA, its businesses and its workforce", adding that Trump "has always said, and I agree, tariffs are a tool in that effort".

The EU issued an update on its response on Wednesday, 24 hours after Mexico confirmed it had launched tit-for-tat tariffs on United States steel and was also targeting U.S. goods such as pork and bourbon products. "An opportunity for friends and allies to come together and have a direct conversation".

"Let us modernise what needs to be modernised", he added in reference to the WTO.

Related news



[an error occurred while processing the directive]