Trump (apparently) wants to kick German automakers out of the US

Mook

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10sec

I haz dat teddy bear smile.
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:rofl: Well, does it benefit the US to do so? (not reading article ATM)
 

sickmint79

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trump's economic textbook is from 1857. he is a moron on virtually everything.

bernie fans should be happy since they are similar on trade, and bernie doesn't understand that denmark is consistently rated tops (and often #1) for how free it's trade policies are.
 

Ryan02Stang

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Unless verified...you usually can't believe the news about anything regarding Trump...

An excerpt from German magazine Wirtschaftswoche's article, which cited several unnamed European and U.S. diplomats but did not include any direct quotes, could not be independently verified, while a U.S. Embassy spokesman in Berlin referred questions to Washington.
 

Mook

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Obviously it's a grain of salt thread but it falls in line with shit he's said before.
 

Kensington

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Creating....er....taking away American jobs!

23,000 jobs from BMW
22,000 jobs from VW
3,500 jobs from MB
 

Mook

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I mean if there IS truth in any of this article.....thats pretty fucking ridiculous :rofl:
 

Kensington

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The trade war is here...Trump put tariff's on EU, Canada, and Mexico aluminum (10%) and steel (25%).

Mexico responded with import taxes on U.S. exports of pork bellies, blueberries, apples, grapes, certain cheeses, and various types of steel.

EU President released this statement

https://twitter.com/JunckerEU/status/1002191498165841920/photo/1?ref_src=twsrc^tfw&ref_url=https://jalopnik.com/ajax/inset/iframe?id=twitter-1002191498165841920&autosize=1

Canada responded with this...

https://twitter.com/AFP/status/1002248266229141504?ref_src=twsrc^tfw&ref_url=https://jalopnik.com/ajax/inset/iframe?id=twitter-1002248266229141504&autosize=1

Nebraska Republican Ben Sasse had this to say

“This is dumb. Europe, Canada, and Mexico are not China, and you don’t treat allies the same way you treat opponents,” [Sasse said]. “We’ve been down this road before—blanket protectionism is a big part of why America had a Great Depression. ‘Make America Great Again’ shouldn’t mean ‘Make America 1929 Again.”
 

Kensington

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While Thursday’s action cheered American steel producers, companies that use imported metals said that it endangered U.S. jobs and investment. Auto parts makers said that they rely upon global supply chains and sometimes can buy their specialty steel and aluminum from only one or two sources worldwide.

“Our members could face having to pay double tariffs on some materials necessary to manufacture parts in the US,” said a statement from the Motor & Equipment Manufacturers Association. “Industries like ours, which require long-term investments in facilities and employees, depend on regulatory and market stability. These actions have thrown all of that up in the air.”
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sickmint79

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it will be worth losing innovation and a competitive edge to reduce economic activity and pay $1,000,000 per job 'saved' to save 5000 of our 250 million jobs though amirite
 

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