“We [the United States] are like the piggy bank that everyone else is robbing,” the president said. “That cannot go on.”
Trump emphasized the fact that he would prefer free trade agreements with no tariffs, no barriers, and no subsidies. The president said he offered the G7 participants a truly free trade proposition which they reportedly are taking back to their countries for consideration.
National Economic Council Director Larry Kudlow spoke briefly at the press event about Trump’s free trade proposition and the response from the other leaders.
“I don’t know if they were surprised at President Trump’s free trade proclamation, but they certainly listened to it and we had lengthy discussions about that,” Kudlow said. “Zero tariffs, zero non -tariff barriers, zero subsidies. And, along the way, we’re going to have to clean up the international trading system – about which there was virtual consensus.”
Trump also spoke about the Singapore Summit with North Korean Leader Kim Jong-un. He feels that Kim is hoping to do something great for his country [denuclearization] and that the U.S. would have much to offer North Korea in exchange for an enforceable denuclearization plan.
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