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'Fair trade now fool trade', Trump vents anger on NATO allies, Trudeau

Reuters  |  SINGAPORE 

(Reuters) - U.S. issued a volley of tweets on Monday venting anger on some of Washington's closest NATO allies over the United State's trade deficit, following a divisive meeting in

"Fair trade is now to be called fool trade if it is not reciprocal," said Trump, who flew from to for a meeting with North Korean leader

"Not fair to the people of America! $800 billion trade deficit," he said. "Why should I, as of the United State, allow countries to continue to make massive trade surpluses, as they have for decades, while our farmers, workers & taxpayers have such a big and unfair price to pay?"

Trump went on to lambast fellow members of the (NATO) for paying disproportionately less than the to maintain the

"The U.S. pays close to the entire cost of NATO - protecting many of these same countries that rip us off on trade (they pay only a fraction of the cost - and laugh!)," he tweeted. "The had a $151 billion surplus - should pay much more for military!"

"pays 1 percent (slowly) of GDP towards NATO, while we pay 4 percent of a much larger GDP. Does anybody believe that makes sense?"

"We protect (which is good) at great financial loss, and then get unfairly clobbered on trade. Change is coming!"

Trump also renewed attacks on Canadian Justin Trudeau, who had hosted the meeting in

"Justin acts hurt when called out!" the U.S. said in his latest Tweet. On Saturday, he called the Canadian "very dishonest and weak."

Trump took aim at an unspecified release issued by saying, "they made almost 100 bln dollars on trade with u.s. (guess they were bragging and got caught!)."

Trump's supporters also criticised Trudeau.

"(Trudeau) really kind of stabbed us in the back," Larry Kudlow, who had accompanied Trump to Canada, said on CNN's "State of the Union."

told "Sunday" that "there is a special place in hell for any leader that engages in bad faith diplomacy" with Trump.

(Writing by Simon Cameron-Moore, Editing by Raju Gopalakrishnan)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, June 11 2018. 09:04 IST
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