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Trump Threatens German Automotive Industry

Arya Ebrahimi
1 Min Read

Donald Trump has once again come under fire for controversial remarks, with the U.S. President taking aim at Germany’s automotive industry in a recent meeting with EU officials.

In an interview with German magazine , Trump voiced his frustrations at Germany’s trade surplus with the United States. He described the Germans as “bad, very bad” in regards to international trade and vowed to put a halt to German vehicle imports into the U.S.

“See the millions of cars they sell in the U.S., terrible. We will stop this,” he said.

ALSO SEE: BMW Not Threatened by Trump’s Big Border Tax

Trump threatened to put a 35 percent tariff on German vehicle exports when speaking with German newspaper earlier this year. His desire to curb German vehicle imports is part of a wider reaching plan from the President to reduce the U.S. trade deficit with Germany. Last year, Germany’s trade surplus in 2016 was a record $282.7-billion, the highest ever recorded by the country.

[Source: CNBC]

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