Thursday, May 31, 2018

REPORT: Trump Wants to Stop German Luxury Car Imports in the US

Trump is an economic ignoramus.

In his latest neanderthal thinking, he is apparently hoping to block German luxury carmakers from the U.S. market, according to an exclusive report by German magazine WirtschaftsWoche.

Citing several unnamed U.S. and European diplomats, the weekly business magazine reported that Trump told French President Emmanuel Macron last month he would maintain his trade policy with the aim of stopping Mercedes-Benz models from driving down Fifth Avenue in New York.

Trump's protection actions are even making Larry Summers appear to be a sound economist.


Former Treasury Secretary Larry Summers: I’m appalled by Trump’s trade actions from CNBC.

-RW  

2 comments:

  1. "Trump's protection actions are even making Larry Summers appear to be a sound economist."

    Yes it would appear so, but we both know it ain't so.

    ReplyDelete
  2. It amazes that the Cheeto in Chief thinks the Idiocracy is going to buy Murican again.

    ReplyDelete