Cohn explains Trump jab at Germany

National Economic Council Director Gary Cohn on Friday clarified President Trump’s recent remark that “the Germans are bad, very bad.”

“[Trump] said they’re very bad on trade,” Cohn said in Sicily, Italy, according to Bloomberg. “He said, ‘I don’t have a problem [with] Germany. I have a problem with German trade.’”

Der Spiegel on Thursday reported that Trump voiced significant displeasure with Berlin during a NATO summit in Brussels.

{mosads}“The Germans are bad, very bad,” he said, according to meeting participants. “See the millions of cars they are selling to the U.S. Terrible. We will stop this.”

The president has repeatedly criticized global trade deals, arguing that they favor foreign nations at the expense of U.S. workers.

Trump also voiced frustration with Germany’s trade surplus during his 2016 presidential bid, vowing to slap punitive tariffs on German automobiles during an interview with Bild.

“I would tell BMW if they think they’re gonna build a plant in Mexico and sell cars in the U.S. without a 35 percent tax, it’s not gonna happen,” he told the German publication before his January inauguration. “It’s not gonna happen.”

Several German auto manufacturers, including BMW and Mercedes-Benz, have production plants in the U.S., primarily in the South.

Tags Diplomacy Donald Trump economy Gary Cohn Germany Politics Trade

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed..

 

Main Area Top ↴

Testing Homepage Widget

 

Main Area Middle ↴
Main Area Bottom ↴

Top Stories

See All

Most Popular

Load more

Video

See all Video