Via Billy
ANGELA Merkel appears to have caved in to Donald Trump with Germany considering scrapping the European Union’s 10 percent tax on American car imports.
President Trump’s ambassador to
Germany, Richard Grenell, has held high-level talks with German car
makers BMW and Volkswagen about dropping car tariffs between the US and
Germany.
The manufacturers said they were open to the idea of dropping tariffs as long as it was part of a larger overall industrial scheme.
This comes as trade relations between the EU and US become increasingly tense, with Mr Trump infuriating those in Brussels by slapping huge tariffs on European steel.
The manufacturers said they were open to the idea of dropping tariffs as long as it was part of a larger overall industrial scheme.
This comes as trade relations between the EU and US become increasingly tense, with Mr Trump infuriating those in Brussels by slapping huge tariffs on European steel.
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The BMW employees were about to fire Merkel, the politician, if her politics brought about a tariff that would drive their cars out of competition. It shouldn't take long before the other EU countries reach the same conclusion as Merkel. Either fair trade or tariff trade.
ReplyDeleteEither fair trade or tariff trade
DeleteYup.
WHAT! Another country had a tariff on American imports. Lies all Lies, the media says it is only President Trump. And we know they would never lie.
ReplyDeleteBadger
WHAT! Another country had a tariff on American imports. Lies all Lies, the media says it is only President Trump. And we know they would never lie.
Delete!!!:):)
I think Germany still has Value Added Tax which hits imports.
ReplyDeleteSo, some barriers still exist, but this sounds good.