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President Donald Trump is preparing to impose a total ban on German luxury carmakers from the U.S. market, according to an exclusive report by German magazine WirtschaftsWoche.
Citing several unnamed U.S. and European diplomats, the weekly business magazine reported that Trump told French President Emmanuel Macron last month he would maintain his trade policy with the aim of stopping Mercedes-Benz models from driving down Fifth Avenue in New York.
The report comes less than two weeks after the U.S. Department of Commerce launched an investigation into automobile imports to determine whether they "threaten to impair the national security" of the U.S. That could lead to tariffs of up to 25 percent on the same "national security" grounds used to impose metal imports charges in March.
originally posted by: Krazysh0t
a reply to: Vasa Croe
Oh please! Stop with the idiocy. A simple Google search shows this is being reported on by many outlets. Right wing ones included:
Reuters
The Hill
Bloomberg
German Source:
WirtschaftsWoche
originally posted by: Southern Guardian
God I don't think anybody would bat an eye if he put tariffs on French automakers....
On Macron's visit to Washington in April, Trump said he would maintain his trade policy until no Mercedes models rolled on Fifth Avenue in New York.
"When you walk down Fifth Avenue, everyone has a Mercedes-Benz in front of their house." But that's not reciprocity. "How many Chevrolets do you see in Germany? Not too many, maybe none at all, you do not see anything over there, it's a one-way street, "said the real estate billionaire. Although he is for free trade, but not at any price: "I love free trade, but it must be a smart trade, so I call him fair."
originally posted by: JinMI
a reply to: Southern Guardian
From questionable sources, this is the thread that begins the spin!
On Macron's visit to Washington in April, Trump said he would maintain his trade policy until no Mercedes models rolled on Fifth Avenue in New York.
However, from Trump himself back in January:
"When you walk down Fifth Avenue, everyone has a Mercedes-Benz in front of their house." But that's not reciprocity. "How many Chevrolets do you see in Germany? Not too many, maybe none at all, you do not see anything over there, it's a one-way street, "said the real estate billionaire. Although he is for free trade, but not at any price: "I love free trade, but it must be a smart trade, so I call him fair."
If this gets your teapot steamy, careful you don't run out of water.
www.wiwo.de...
originally posted by: Bluntone22
I would think the democrat voting automobile unions would be applauding this idea.
Not that I believe anything will ever come of it but whatever.