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Economy
German Chamber of Commerce: Companies worry Trump moving toward 'America Alone'
2018-05-21
[Reuters] BERLIN - German companies are concerned that U.S. President Donald Trump is increasingly thinking only of America rather than just putting his country first, the head of Germany’s DIHK Chambers of Commerce told media.

The United States has pulled out of the 2015 Iran nuclear deal and Germany has acknowledged it could be hard to protect companies doing business with Iran, as a senior U.S. official renewed a threat of sanctions against European firms.

German companies also face the prospect of possible extra levies ‐ Trump imposed a 25 percent tariff on steel imports and a 10 percent tariff on aluminum in March but the European Union has been granted exemptions until June 1.

"America First now increasingly means America Alone," DIHK President Eric Schweitzer told the RND group of newspapers. "That makes German businesses really worried."

Nonetheless, a DIHK survey published earlier this month showed a record number of German companies believe economies in foreign markets where they do business will improve despite rising political and trade risks.
Posted by:Besoeker

#5  Close most of the USA military bases in Germany and open a few more in Poland.
Posted by: Airandee   2018-05-21 20:35  

#4  Given the fungibility of money, the US has paid for the highly touted Euro Welfare state.

They don't have to spend on defense and yucky stuff like that cause Uncle Sugar will pay up. That means they can spend their money on the shiny baubles.
Posted by: AlanC   2018-05-21 08:09  

#3  or to put it another way

Matthew 7:5
Posted by: Bright Pebbles   2018-05-21 04:09  

#2  When the EU goes it alone it's termed leadership by the treasonous MSM.

The EUSSR is the most protectionist bloc there is.
Posted by: Bright Pebbles   2018-05-21 04:08  

#1  Hee, hee, hee! Boy, I can't wait! Fucking German, free riding off us for decades. Now that they are faced with the fact of having to pay their fair share, they're shitting in their pants.

If only they had done so from the beginning instead of being such jerks. Yaknow, it's the ingratitude that bothers me the most.
Posted by: Herb McCoy   2018-05-21 03:39  

00:00