6 years ago
2
Trump reportedly said he wants to stop German luxury car imports in the US
President Donald Trump is preparing to block German luxury carmakers from the U.S. market, according to an exclusive report by German magazine WirtschaftsWoche.
Continue Reading https://www.cnbc.com
Join the Discussion
So, let’s force people to consume shitty, expensive, home made stuff. I wonder where I’ve heard that before.
Ah, yeah. Venezuela in the late 80’s. That’s it.
Germany charges a 10% import tariff on cars made in the US....it has an additional 19% VAT charge, which is an internal thing, not an import charge. The US charges 2.5 % on cars coming from Germany. It would be fair to tell them to match the US rate or the US will raise to the same as theirs....but saying he will stop German cars from coming to the US is just plain silly....ever the drama queen this guy.