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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump hints at fight over $1 trillion trade with Europe
http://money.cnn.com/2018/01/29/news/economy/trump-eu-trade/index.html?iid=hp-toplead-dom
President Trump has warned that the U.S. administration may soon address "very unfair" trade with the European Union.
"I've had a lot of problems with the European Union, and it may morph into something very big from ... a trade standpoint," Trump said in an interview with British broadcaster ITV on Sunday.
"It's a very unfair situation," he added. "We cannot get our product in. It's very, very tough, and yet they send their product to us -- no taxes, very little taxes."
Trump has on several occasions criticized the EU over trade, singling out export powerhouse Germany for running a big trade deficit with the United States.
The rhetoric has not yet translated into substantial action, but the Trump administration's efforts to crack down on what it perceives as unfair trade now appear to be gaining momentum.
Last week, the U.S. slapped new tariffs on imported residential washing machines and solar panels, a move that is expected to hurt China and South Korea, a key ally and trading partner.
President Trump has warned that the U.S. administration may soon address "very unfair" trade with the European Union.
"I've had a lot of problems with the European Union, and it may morph into something very big from ... a trade standpoint," Trump said in an interview with British broadcaster ITV on Sunday.
"It's a very unfair situation," he added. "We cannot get our product in. It's very, very tough, and yet they send their product to us -- no taxes, very little taxes."
Trump has on several occasions criticized the EU over trade, singling out export powerhouse Germany for running a big trade deficit with the United States.
The rhetoric has not yet translated into substantial action, but the Trump administration's efforts to crack down on what it perceives as unfair trade now appear to be gaining momentum.
Last week, the U.S. slapped new tariffs on imported residential washing machines and solar panels, a move that is expected to hurt China and South Korea, a key ally and trading partner.
GOP rarely puts much thought into how America can lose manufacturing jobs to desperately impoverished shitholes like Germany. Maybe it's not because of wages.
I suspect the liberal health care and education programs have been good for employers there. Companies also have better relationships with their workers and it's still considered honorable work to build stuff with your hands there.
"The European Union has been very, very unfair to the United States, and I think it'll turn out to be very much to their detriment," he told ITV.
Dumbass is making us the nation of isolation, like North Korea.
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Trump hints at fight over $1 trillion trade with Europe (Original Post)
IronLionZion
Jan 2018
OP
Instead of sanctions against Russia, Trump plans to impose voluntary sactions on the US trade
Johonny
Jan 2018
#2
Meanwhile America's efficient job creators are telling "lazy" workers to take lower wages
IronLionZion
Jan 2018
#4
Wounded Bear
(58,670 posts)1. Pushing the Putin agenda...
ProfessorGAC
(65,076 posts)6. The First Thing I Thought Of, Too
Could this be any more up Russia's alley?
Johonny
(20,851 posts)2. Instead of sanctions against Russia, Trump plans to impose voluntary sactions on the US trade
with the rest of Europe because he's here to destroy America.
C_U_L8R
(45,003 posts)3. Note to USA... stop making crap.
IronLionZion
(45,457 posts)4. Meanwhile America's efficient job creators are telling "lazy" workers to take lower wages
and less benefits and never forget to blame immigrants for stealing your jobs. As if Europe doesn't have immigrants.
Docreed2003
(16,863 posts)5. Apparently everything is unfair to Trump
Who knew we had such bad trade relations with the EU?? But apparently its really unfair, very very unfair...believe him.