Jun 10, 2018

Kudlow: Trump's G7 decision was a show of strength before Kim summit

During an appearance on CNN's "State of the Union" this morning, President Trump's chief economic adviser Larry Kudlow said that Trump's unprecedented decision not to sign onto the G7 summit's joint communique came as a show of strength before his summit with North Korean leader Kim Jong-un: "POTUS is not going to let a Canadian prime minister...push him around on the eve of this. He is not going to permit any show of weakness on the trip to negotiate with North Korea."

The juice: Kudlow also said that Canadian Prime Minister Justin Trudeau "stabbed [the United States] in the back" with his denunciation of the U.S. decision to impose steel and aluminum tariffs after yesterday's conclusion of the G7 summit during an appearance. He added that Trump's choice not to sign the joint communique was "completely a reaction" to what he called Trudeau's "sophomoric play."

More video from Kudlow's appearance:

Go deeper

Situational awareness

Photo: Drew Angerer/Getty Images

Catch up on today's biggest news:

  1. Scoop: New White House personnel chief tells Cabinet liaisons to target Never Trumpers
  2. Trump misrepresents 2020 Russia briefing as Democratic "misinformation"
  3. Bernie Sanders takes aim at Bloomberg: "Trump will chew him up and spit him out"
  4. Nearly half of Republicans support pardoning Roger Stone
  5. Scoop: Lyft acquires cartop advertising startup Halo Cars

Sanders takes aim at Bloomberg: "Trump will chew him up and spit him out"

Photo: Mario Tama/Getty Images

Bernie Sanders told CBS "60 Minutes" that he was surprised by Mike Bloomberg's lackluster performance at Wednesday's Democratic debate.

What he's saying: "If that's what happened in a Democratic debate, you know, I think it's quite likely that Trump will chew him up and spit him out."

Scoop: Lyft acquires cartop advertising startup Halo Cars

Photo: Drew Angerer/Getty Images

Lyft has acquired Halo Cars, a small startup that lets ride-hailing drivers earn money via ad displays mounted atop their cars. Lyft confirmed the deal but declined to share any details.

Why it matters: Ride-hailing companies are increasingly eyeing additional ways to generate revenue, and Lyft rival Uber has been quietly testing a partnership with New York-based Cargo that gives it a cut of the advertising revenue, as I previously reported.