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Trump Should Stop Before He Loses Germany
Punitive tariffs on German cars would be a hostile act – and could well force a recession.
If president Trump acts on the likely conclusion of a report by Commerce Secretary Wilbur Ross - that German car imports are a threat to national security - he could bring the US-German relationship to a post-World War II nadir. Presumably, for Trump, that would be less of a security threat than Mercedes-Benzes and BMWs.The content of the report hasn’t yet been made public. But Trump has previously threatened to impose a 25 percent tariff on foreign-made cars, and Ross’s report may offer him a justification.
A bit older of an article, but it raises the question; if a country that pays twice what we pay in salary and benefits, builds twice the number of cars, and has full health care for all, is a threat to us, then maybe YOU are the ones doing something wrong.
How Germany Builds Twice As Many Cars As The U.S. While Paying Its Workers Twice As Much
Punitive tariffs on German cars would be a hostile act – and could well force a recession.
If president Trump acts on the likely conclusion of a report by Commerce Secretary Wilbur Ross - that German car imports are a threat to national security - he could bring the US-German relationship to a post-World War II nadir. Presumably, for Trump, that would be less of a security threat than Mercedes-Benzes and BMWs.The content of the report hasn’t yet been made public. But Trump has previously threatened to impose a 25 percent tariff on foreign-made cars, and Ross’s report may offer him a justification.
A bit older of an article, but it raises the question; if a country that pays twice what we pay in salary and benefits, builds twice the number of cars, and has full health care for all, is a threat to us, then maybe YOU are the ones doing something wrong.
How Germany Builds Twice As Many Cars As The U.S. While Paying Its Workers Twice As Much