[DoodleDawg]

Yup, Germany, without consulting with Emmanuel from France, just unilaterally announce the EU is willing to drop all trade tariffs against U.S. auto manufacturers as part of their strategy to fend-off steel, aluminum and crushing auto tariffs.

I think this is more along the lines of calling Trump's bluff. Germany is willing to drop all tariffs on U.S. cars if the U.S. is willing to drop all tariffs on imported cars. Right now Detroit enjoys a 25% tariff on imported trucks and vans and a 2.5% tariff on imported cars. Dropping that will not make them happy.

[deadrock]

Knowing how management were outplayed by the unions, I wouldn't be surprised if that 25% tariff is to pay for the health care of retirees.

[Mariner]

It does not appear this administration limits its’ scope when it come to trade, most certainly not a single sector.

They are using “whole nation” power to balance it.

A whole nuther level of mercantilism.

Trump is attacking the macro numbers...what is the trade balance?

If another nation/bloc has a large surplus, he will use all commercial sectors, diplomacy and military power to balance it.

The US is, by far, the largest market in the world. Countries that want access must do whatever is necessary to ensure balance, or the US will act unilaterally.

This upends the entire post-war order.

They should count themselves blessed the goal is not a massive US trade surplus.