Newspaper article The Canadian Press

--Fourth Newswatch-

Newspaper article The Canadian Press

--Fourth Newswatch-

Article excerpt



The British pound has fallen and U-K politicians are reeling from the tornado-blast of America's visiting president.

In less than 24 hours in Britain, Donald Trump has humiliated Prime Minister Theresa May, crushed hopes of a quick U-S-U-K trade deal, and boosted May's opponents in the high-stakes battle over Brexit.

In an interview with The Sun newspaper, Trump slammed May's plans for Brexit and praised her political rival Boris Johnson, who resigned as May's foreign minister this week.

Trump said Johnson would make an ``excellent'' prime minister.

He also criticized Europe's immigration and said London's Muslim mayor had failed to stop terrorism.

Universities Minister Sam Gyimah has tweeted,``Where are your manners, Mr. President?"

The pound has fallen 0.6 per cent today. (4)



U-S First Lady Melania Trump is currently visiting the Royal Hospital Chelsea, a historic London retirement home for hundreds of ex-British soldiers.

She is expected to join her husband Donald Trump for tea with the Queen at Windsor Castle, following his meeting with British Prime Minister Theresa May at her country home northwest of London. (4)



Even before Canada's trade dispute with the U-S escalated in recent weeks, a growing number of Canadian exporters were saying the NAFTA renegotiations were having a negative impact on their operations.

A survey done for Export Development Canada found 28 per cent of the one-thousand exporters asked said the NAFTA talks had a negative impact on their Canadian operations -- up from 23 per cent in a survey six months earlier.

However, it also found overall trade confidence increased three points to 76.5 per cent.

The survey was completed just before the end of May when the Trump Administration ended an exemption for Canada on the global steel and aluminium tariffs it had put in place in March. …

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