Merkel Comes To Her Senses… Germany Says It’s Willing To Cut Tariffs On US Cars
Donald Trump did not make billions by not knowing how to play the game of chess, that is for sure.
On Thursday, German Chancellor Angela Merkel announced that her government would be open to back lower tariffs on U.S. auto imports as a potential European Union (EU) concession to the Trump administration – just one day after CEOs of Germany’s biggest carmakers reportedly voiced support for eliminating such tariffs entirely.
“I would be ready to support negotiations on reducing tariffs, but we would not be able to do this only with the U.S.,” she said, adding that all deals will be “common European position and we are still working on it.”
Via Fox Business: “On Wednesday, the chief executives of prominent German auto companies – including Daimler, BMW, and Volkswagen – “liked” a Trump administration proposal for both sides to reduce those tariffs to zero, according to German business news outlet Handelsblatt. The proposal was said to have been made by U.S. Ambassador to Germany Richard Grenell during a meeting at the U.S. embassy.
The EU tariff rate on all U.S. car imports is 10% while the U.S. tariff on imported European cars is 2.5%.
Auto stocks, including Ford, Fiat, and General Motors, rose on the news Thursday.”
That is exactly what Trump is looking for. You do not charge USA tariffs and the USA will do the same. You charge tariffs and USA will match your tariffs. FAIR.
America just keeps on winning, thanks to President Trump’s Leadership! They are all going to cave! No one wants tariffs! It’s just a tool to pressure countries to bargain honestly! Merkel is just the first to give in. Expect the rest of Europe, Canada, and China to follow their lead. Way to go, President Trump!!! Love that you are watching out for Americans!!!
But, it’s such a disservice that the MSM gives him absolutely no credit for all he’s accomplished.
So don’t forget to share this article, because the MSM will not report this!
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Natalie D. is an American conservative writer who writes for Supreme Insider and Conservative US, ! Natalie has described herself as a polemicist who likes to “stir up the pot,” and does not “pretend to be impartial or balanced, as broadcasters do,” drawing criticism from the left, and sometimes from the right. As a passionate journalist, she works relentlessly to uncover the corruption happening in Washington. She is a “constitutional conservative”.
