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Trump call to Australian prime minister hits a raw nerve

A call between U.S. President Donald Trump and Australian Prime Minister Malcolm Turnbull apparently did not go well, resulting in an abrupt end and blow back in the media on Thursday in Asia.

Reports said Trump informed Turnbull, a former Goldman Sachs (NYSE:GS) investment banker, that he had conversed with other political leaders earlier in the day and that "This was the worst call by far." President Trump then terminated the call after a mere 25 minutes even though it had been scheduled for an hour, the Washington Post stated.

Among the issues discussed was the Australian-U.S. refugee deal brokered by the Obama administration that involved the resettling of refugees on Manus Island and Nauru, the Post stated. The Trump administration later confirmed that it would receive 1,250 refugees from Australia but would apply "extreme vetting" to those seeking asylum.

Trump reportedly told Turnbull that the resettlement agreement "was the worst deal ever" when the latter attempted to secure confirmation that the U.S. would follow through with its promise.

Trump subsequently tweeted his displeasure with the Obama-administration brokered deal.

AG Markets Review

Thursday, 02 Feb, 2017 / 4:37

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