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Snowflake. when you to listen what trudeau trudeau said, he was utterly calm and rational. he said things that he had been saying in the past, which was that unfortunately canada would have to retaliate if the united states places those tariffs on, which they have. to me, i'm just saying that he went into this meeting without allies and looking like a fragile snowflake, and that is a bad posture to be in. >> rick, let me give you the last word on this. do you believe that the president went up to the gulf of mexico -- that he has no set friends or aeltz or is beholden to anybody that he's a fa...

He's only put on the steel and aluminum tariffs right now. the other tariffs haven't taken effect yet. so there's still a chance that this could be negotiated out but right now it doesn't look like he's in a mood do that. >> is that why the market doesn't care? when i look at this and say, hold on a vekd, you've got the president blowing up our relationship with the g7. he's about to sit down for a nuclear summit and the market keeps on chugging along. why is it? at this point are we desensitized because we think it's rhetoric? >> that's it. markets have looked at what he has said and then wha...

He put new tariffs on. >> yeah, if you go with the solo cups you will avoid the beer can problem. the most encouraging moment was the president saying we want a free trade zone with our friends in the g-7. no tariffs, no subsidies. you never know if that's his goal. >> you say it's a free trade zone. >> the u.s. had been at a disadvantage for decades. >> you are not sure what his goal is. is it to put up more barriers. this was a statement to say no, this was really poignant towards freedom. >> even though i admire that

Property. >> yes. leland: and canada stealing that is news to me. >> in you're in the movie industry, and music industry, and canada into our markets as well. leland: this brings up an important point, because at the same time that you're dealing with our allies in putting tariffs on, whether it be european goods or canadian goods or mexican goods, the president is trying to deal with china. would it be more important to focus on china first before dealing with our friends? >> i think we need to take care of mexico. i think once mexico agreement is made, canada will fall in line. the european ...

Think that tariffs are something that foreign countries will have to pay to the united states when every economist is trying to tell him they are simply sales taxes that the american consumer, the trump voter will have to pay. >> tariffs are taxes collected at the border, and when you have tariffs on, say, aluminum and steel, what you're doing is cutting the defense budget. that is, you are effectively cutting what the defense budget will buy that's made of aluminum and steel, which is almost everything the defense department buys. >> the g7 meeting is coming up tomorrow, and president macron ...