Voice of America
25 Aug 2019, 19:05 GMT+10
SAINT-JEAN-DE-LUZ, FRANCE - U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau touted their trilateral trade agreement in their meeting at the sidelines of the G-7 summit in Biarritz, France.
"Quite frankly, around the table there's a lot of people wanting to make trade deals with each other," Trudeau said, adding that the U.S. and Canada have a deal that's "good for our workers, good for our citizens, good for the middle class."
Trump said that the two countries will be "significantly expanding" trade relations once the USMCA (U.S. - Mexico - Canada Agreement) is done.
Negotiations are final but the agreement has not yet been ratified by the U.S. Congress. The White House is pushing for an immediate ratification but Democrats and organized labor said certain provisions must first be improved.
The USMCA replaces the North American Free Trade Agreement (NAFTA), signed by President Bill Clinton in 1994, which Trump at the meeting again called "the worst trade agreements ever done".
Trump added that the only thing worse than NAFTA is the World Trade Organization. "The WTO, that's a beauty." he said.
Climate change
Trudeau is pushing for action on climate change at the summit, in line with his Liberal government's agenda to highlight its achievement on this issue ahead of Canada's October election.
French President Emmanuel Macron, host of the summit has put climate issues high on the agenda for discussion, particularly focusing on the wildfires in the Amazon rainforest.
The leaders' focus on climate change have put them at odds with an American president known for his anti-climate stance. In June 2017, Trump pulled the U.S. out of the Paris Accord, a multilateral climate pact championed by the Obama administration.
The New York Times reported that senior Trump administration officials have accused Macron's aides of ignoring requests by White House officials to keep the focus on security and the threat of a recession, and emphasizing instead on climate change, gender equality, and African development, which highlight disagreements the Trump administration.
Get a daily dose of Europe Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Europe Sun.
More InformationATLANTA, Georgia: The United States is facing its worst measles outbreak in more than three decades, with 1,288 confirmed cases so...
In the past month alone, 23 Israeli soldiers have been killed in Gaza—three more than the number of remaining living hostages held...
LONDON, U.K.: At least 13 people are believed to have taken their own lives as a result of the U.K.'s Post Office scandal, in which...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
WASHINGTON, D.C.: An elaborate impersonation scheme involving artificial intelligence targeted senior U.S. and foreign officials in...
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...