Skip to main content

Trump talked yesterday about the trade deficit with Germany, said he wants a 35% import tariff to force them to build BMW, etc in the USA instead of Mexico

"Look at the millions of cars they’re selling in the US. Terrible. We will stop this,” Trump reportedly said of the Germans.

Here's the thing: the U.S. can't negotiate a deal with Germany alone. It has to deal with the entire EU, since Germany is a member state. Merkel reminded Trump of this when they met in March, noting that trade agreements with the U.S. have "not always been all that popular in Germany either."

While Trump's irritation over German car sales isn't new – Trump told a German newspaper earlier this year he wanted a 35% import tax on BMWs assembled in Mexico to encourage manufacturers to move to the US

https://www.usatoday.com/story/news/politics/onpolitics/2017/05/25/president-trump-calls-germans-very-bad-and-promises-stop-car-imports-report/102162310/

Comments

Popular posts from this blog

Larrabee Deyo trucking company, whatever happened to them? Anyone ever heard of them?

“The fame of Binghamton is being carried to the far corners of the Earth by its products, and especially by the motor trucks which are made here.” In 1919, this quote appeared in The Binghamton Press with an announcement that the Larrabee-Deyo Motor Truck Co. had received large orders from New Zealand and Sweden. Business was booming for this local manufacturer, and with their trucks, “Made in Binghamton” was being heard around the world. The new company grew out of two successful Binghamton manufacturing concerns. Sturtevant-Larrabee had a reputation for manufacturing high-quality horse-drawn wagons, carriages and sleighs since the 1870s. The Deyo-Macey Engine Co. built gasoline engines in a plant on Washington Street. Now, with H.C. Larrabee as president and R.H. Deyo vice president and general manager, the new company was advertised as having “the advantage of the services of men experienced in both the construction of gas engines and in carriage building.” In 1923, nationally known...

the 1st thing I learned about Otto Mears is that he built toll roads in Colorado, charging $5 to cross a remote road he built in 1881, later he built the famous sceneic Rio Grande Railway... and some other amazing things

Otto Mears was an early pioneer of road and railroad construction in this area. He charged $5 for a wagon team, and 10 cents a person, to pass over the bridge. upper left of the top photo is his toll booth. the same bridge today  Given its location, there was no way to sneak around it. the road cost a thousand dollar a foot to make. It's still the shortest way from Grand Junction to Durango (left side of the map, West side of Colorado) Otto Mears was born in Russia in 1840, his parents died when he was very young, so he was passed between a series of family members moving to England, then sent to New York, out to California – and finally arriving in San Francisco in 1851. No one was there to meet him, his Uncle had left for Australia... so as an eleven year old only speaking Russian he supported himself selling newspapers. Later he worked in stores in the California Gold County where he also learned to be a tinsmith. He was robbed of his savings and moved to Sacramento where he l...

wow, how about this, the original pay at the pump!