Look, we are in a trade war. It's a trade war we did not ask for. It is a trade war we have to win. President Trump has decided, for whatever reason, to change the way the entire world trades with the United States. These are difficult negotiations.
I can tell you that we have the best deal of any country in the world today. That is in some ways cold comfort, but I want to be clear: We have the best deal of any country. No other country in the world has 85% of its trade crossing a border tariff-free today.
The Americans are systematically attacking us in a series of sectors. We are working hard to mitigate that while we continue to negotiate. What we've been clear on is that we will not do a bad deal. When you look at the deals that other countries have done, they are much less attractive than the deal we have today.
