Trump complements Trudeau, says Justin doing a great job



The developing relationship between Donald Trump and Justin Trudeau was on full display at the G20 Summit in Hamburg, Germany. Including at a World Bank event to finance women entrepreneurs in developing nations.

Canada has committed $20 million US dollars and the United States $50 million US dollar to the World Bank’s Women Entrepreneurs Finance Initiative.

“We have a great neighbour in Canada and Justin is doing a spectacular job in Canada,” the US President gushed at the beginning of his speech. “Everybody loves him and they love him for a reason so congratulations on the job you’re doing.”

Some hope had been built on the fact that Trudeau’s more measured relationship with Trump could help get the US leader to be more agreeable to G20 initiatives.

But while the G20 leaders have agreed to fight protectionism, they do not have unanimous agreement on action to fight climate change because of Trump.

Finance Minister Bill Morneau delivered a brief update on negotiations on Saturday, telling Canadian media, all G20 countries - including the United States - “stand united in opposition to protectionism.”

“That will be a positive outcome for this meeting,” said Morneau.

“We all recognize the importance of trade to our economies, the importance of trade to growth and, you know, the difficulties protectionism presents. That’s a subject that has reached consensus.”

A leaked copy of the trade section reads: “We will keep markets open, noting the importance of reciprocal and mutually advantageous trade and investment frameworks.”

It also says the G20 will “fight protectionism including all unfair trade practices and recognize the rule of legitimate trade defense instruments in this regards.”

 


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