Germans Blink:German Automakers Offer to Scrap 10% Tariff

[Anonymous 7]

Like I mentioned in another thread, tariffs was the one thing I disagreed with Trump on. They have been weaponized before with bad results.

At the G7 Trump proposed NO tariffs.
Looks like the Germans blinked.

Just a few weeks after President Donald Trump launched a Commerce Department review of how auto imports might be hurting national security, Germany’s biggest automakers are ready to give up on the ten percent protective tariff wall that has shielded them from competition with U.S. cars, according to the Wall Street Journal. (WSJ)

Their proposal envisions full reciprocity between the U.S. and the European Union, according to the WSJ. The E.U. would scrap its ten percent tariff while the U.S. would give up its 2.5 percent tariff.

President Trump has repeatedly said that “reciprocity” should be a guiding principle for international trade.

More Here.

[CarnageParticipant 22113]

The art of the deal, this is gonna be funny to watch.

To those following me, be careful, I just farted. Men those beans are killers.

[Nags4CashParticipant 1163]

Carnage wrote:

The art of the deal, this is gonna be funny to watch.

Trump doesn’t deal. He tells you how it’s going to go.

Murph ~ There is nothing brave or manly about entering into a contract with somebody which allows them to take your money, assets, children, and decades of your future income on a mere whim.

[Faust For ScienceParticipant 22521]

But, what about government subsidizing of auto companies?

[Anonymous 7]

Faust For Science wrote:

But, what about government subsidizing of auto companies?

They do that?

[Author]

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