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Trump on trade: "The Germans are bad, very bad"
- Thread starter GAMEPROFF
- Start date
Funky Papa
FUNK-Y-PPA-4
Oh God, I thought it was a photoshop... Yeah that is my president ugg
He really should buy something to stop his lips from drying, he does that TOO OFTEN.
Quoting from the first page but I just wanted to say, not true at all. One guy and his group of imbeccils will not affect future relationships. We all know he's an idiot so we all are just waiting for things to get back to normal after he succumbs back to oblivion. We don't hate the US, just him.
Sincerely,
The world
Funky Papa
FUNK-Y-PPA-4
Grampa Rajoy needs his nap.
Nah, the next President will have to go on a global apology tour. It will take some time for relationships to go back to Obama-era again. And even when they do, thanks to Trump and Brexit the is undergoing a process right now, it could be more sovereign at the end of it. Thus changing the relations even further.
This is a perfect shot, they are literally all snickering. On video it looked a bit more restrained and there never was one shot with most of them doing it at the same time.
SMOK3Y
Generous Member
Thankyou 😊
He pushes the wrong red button to summon the coke
Besides, the US is not the only country facing the populistic idiocy as of late.
France dodged a bullet, not everyone did though.
Then you have Erdogan and other idiots to deal with... basically, Trump is this much of an anomaly just because the US is the biggest player in town (plus he seems to be genuinely clueless about pretty much any subject).
Sorry and thx, I wasn't sure about him and before I post something trumpish I rather expose myself as semi-ignorant. ;P
Edit: Those two on the left: "Your place or mine?"
So this happened:
Sean Spicer denies it's true
Minutes later Trumps economic advisor (who was in the room) says this
Good to know they're on the same page
Sean Spicer denies it's true
https://twitter.com/PressSec/status/868039167250444289
Minutes later Trumps economic advisor (who was in the room) says this
https://twitter.com/tarapalmeri/status/868050779260592129
Good to know they're on the same page
Funky Papa
FUNK-Y-PPA-4
Put three WH officials in the same room and you'll get three different and contradictory stories.
It's amusing, really.
It's amusing, really.
How that is even possible? They are supposed to agree on their narrative before speaking to press, just to ensure everyone tows same line.
1.21Gigawatts
Banned
His insufficient vocabulary is partially at fault here.
"x is bad/weak on y"
We've heard that a lot from him and especially with more complicated topics it just doesn't do the issues justice.
"x is bad/weak on y"
We've heard that a lot from him and especially with more complicated topics it just doesn't do the issues justice.
paperboywriter
Member
If you think we are evil now...
DerangedHermit
Member
To bad, he was the one who was the most funniest of them all while causing the smallest damage
Cosmonaut X
Member
Trump's Whitehouse seems to be a mess of political positioning, pettiness and plain incompetence. Throw in the staff who seem to loathe their boss and I'm amazed they manage to even get a message to hold for longer than five minutes.
The Latest: Germany pushes back against Trump trade comments
A German government spokesman says trade surpluses like the one thats provoking President Donald Trumps ire are the result of market factors and are neither good nor bad.
Spokesman Georg Streiter didnt comment directly on a report that Trump called Germany bad, very bad on trade because of the success of German companies in selling autos and other goods to U.S. customers.
But, speaking in Berlin, Streiter said Germanys current account surplus the broadest measure of trade and investment flows reflects economic factors that the German government cant directly do anything about.
He said it was also caused by factors that cannot, or at least cannot directly, be influenced by economic or financial policy measures in Germany, for example the oil price, the euro exchange rate, but also structural factors such as demographic developments.
Source: https://apnews.com/f6caa2867363437f9608e57f5a398d8a
Source link seems to have general updates from today's G7 too.
A German government spokesman says trade surpluses like the one thats provoking President Donald Trumps ire are the result of market factors and are neither good nor bad.
Spokesman Georg Streiter didnt comment directly on a report that Trump called Germany bad, very bad on trade because of the success of German companies in selling autos and other goods to U.S. customers.
But, speaking in Berlin, Streiter said Germanys current account surplus the broadest measure of trade and investment flows reflects economic factors that the German government cant directly do anything about.
He said it was also caused by factors that cannot, or at least cannot directly, be influenced by economic or financial policy measures in Germany, for example the oil price, the euro exchange rate, but also structural factors such as demographic developments.
Source: https://apnews.com/f6caa2867363437f9608e57f5a398d8a
Source link seems to have general updates from today's G7 too.
Shadow Puppetry
Member
He totally didn't mean it in that way. Libs always taking things out of context!
"He said they're very bad on trade but he doesn't have a problem with Germany, said Cohn. He said his dad is from Germany. He said, 'I don't have a problem with Germany, I have a problem with German trade.'"
Trump has taken aim at the German car industry in the past. In an interview with German newspaper Bild, Trump described trade between the two countries as out of balance.
If you go down Fifth Avenue everyone has a Mercedes-Benz in front of his house, isnt that the case? said Trump. The fact is that there is no reciprocity. How many Chevrolets do you see in Germany? Not very many, maybe none at all its a one-way street. It must work both ways.
"He said they're very bad on trade but he doesn't have a problem with Germany, said Cohn. He said his dad is from Germany. He said, 'I don't have a problem with Germany, I have a problem with German trade.'"
Trump has taken aim at the German car industry in the past. In an interview with German newspaper Bild, Trump described trade between the two countries as out of balance.
If you go down Fifth Avenue everyone has a Mercedes-Benz in front of his house, isnt that the case? said Trump. The fact is that there is no reciprocity. How many Chevrolets do you see in Germany? Not very many, maybe none at all its a one-way street. It must work both ways.
Marvel
could never
Man with Knife
Member
Well, then git gud.
Boy Wander
Member
The whole trump trip has been fucking hilarious. I've never seen a more awkward looking leader who seems so unprepared and uncomfortable in the role. Also, why is his wife constantly dressed like she's at a funeral? Is she preparing herself for the inevitable?
Frankfurter
Member
Chevrolet branded cars are not being sold in Germany anymore... (part of the 'Opel isn't allowed to sell its cars anywhere outside of Europe/Russia' deal)
ManDudeChild
Member
Ever heard the phrase, "dress for the job you want"?
Is this anything to do with the likes of protectionist policies like Trump is suggesting (i.e. 35% border tax)?
Anyway you'll see plenty of Fords in Germany and in Europe generally, because they make cars Europeans want to buy, Chevrolet don't really.
Fun fact, Donald owns several Rolls Royce (UK), a Lamborghini (Italy), Ferrari(Italy again) and several Mercedes(Germany).
The only Chevrolet he has was due to a Apprentice promo.
Oh and Chevrolet stopped selling cars in Germany a while ago.
So what does he want? Force Chevrolet to sell cars in Germany and force Germans to buy Chevrolet?
PdotMichael
Banned
General Motors has Opel for the European market
The whole world adopts your Google, Amazon, Facebook, Uber, Twitter, Snapchat, movies etc. because America cultural, economic dominance and yet he go ahead and gers angry at his allies in a smaller industry which they actually competes instead of gaining world dominance because it succeeded in America.
Not anymore
old
Member
$164 billion trade with a $65 billion deficit. Shit needs to change. Good on Trump.
Edit:
Edit:
you may have meant to post that in the Wonder Woman thread.
Muffin1611
Banned
Somehow I doubt blaming your trading partners alone on the own deficit is going to accomplish much.
Like, what do you and Trump expect? That Americans and Germans should start buying worse cars because they're from American companies?
That's also completely ignoring the fact that many German car companies have huge production in the US itself.
ClosingADoor
Member
You don't fix that by closing your borders to those products. Germany is not doing unfair competition here, they are not subsidizing their industries to give an unfair advantage (like you see China do with steel for example, so there is a point there to impose tariffs). The simple fact is: the US doesn't produce their own stuff anymore and not in the quality or price their people can or want to buy it. So fix your own industries so they can compete again.
For cars, how about the US goes all in on electric and see how Tesla will do around the world for example.
Oh, and maybe that deficit will be fixed if the US looked into loopholes and their corporate tax, so you have companies like Apple, Google, Amazon bringing their profits back home to even out that deficit.
clockworkinyou
Banned
Electric Eye
Banned
lol. That's actually what the CEO of BMW said.
http://fortune.com/2017/01/17/germany-trump-auto-manufacturing-mexico/
Maybe I'll buy one too but as for now I'll stick to my BMW
Because there are three or more factions within the WH vying for influence.
Presumably the Germans would like something in return for all the products they send to the US. Yes, they get US Dollars for selling those products, but the only things they can really do with those US dollars is use them to buy US goods and services or sell/loan them to someone else who wants to buy US goods and services (often the US government itself). I suppose those dollars could never actually be used for any of this, but then Germany is basically giving stuff to the US for free.
The point being the trade deficit is not the statistic people seem to assume it is. It does not tell you who is 'winning' and and who is 'losing'.
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