There is a breaking story of U.S. President Donald Trump expressing clear displeasure over Germany. Here is the quote that was reported from Trump during a meeting with European Union leaders in Brussels: “The Germans are bad, very bad.”
That’s how the quote was reported by media outlets like “Der Spiegel” in Germany; which is a far-left magazine in Germany. But new clarification has come to the surface on Twitter with reports like this: “GARY COHN just clarified STORY to pool press. “He said they’re very bad on trade.” #G7Summit.
GARY COHN just clarified STORY to pool press.
— Kevin Cirilli (@kevcirilli) May 26, 2017
Participants at the European Union leaders meeting in Brussels said that Trump went on to say: “See the millions of cars they are selling to the U.S. Terrible. We will stop this.” Trump has previously been very critical of the trade surplus that Germany maintains. For years they have exported more than what they import. In an interview with the German tabloid “Bild,” Trump voiced frustration before his inauguration at the number of German cars he sees on the streets of New York. “I would tell BMW if they think they’re gonna build a plant in Mexico and sell cars into the U.S. without a 35 percent tax, it’s not gonna happen. It’s not gonna happen,” Trump said. He was openly threatening punitive tariffs on German automakers.
The European Commission President, Jean-Claude Juncker, expressed solidarity with the Germans and even contradicted Trump’s criticism. He remained uncompromising on his point that free trade benefits everybody. But Trump’s chief economic adviser, Gary Cohn, claimed that different customs tariffs are in place between the U.S. and Germany than there are between the U.S. and Belgium. According to one report in the German daily “Suddeutsche Zeitung,” many EU officials were “appalled” by how little the Americans appeared to know about European trade policy. They seemed not to know that EU member states only negotiate trade treaties as a bloc.
After numerous meetings, between European Union leaders and the Trump team, there appeared to progress, but some have lost hope because of Trump’s apparent disdain: “The Germans are bad, very bad (on trade).”
What do you think about how Trump is dealing with the German trade surplus?
Credit: Speigel Online