Posted on 02/18/2025 7:52:33 AM PST by SeekAndFind
In trade relations between Germany and the U.S., the European nation has clearly been on the winning side of unfair policies, and now the president of the nation’s central bank says Germany would “suffer” if President Trump were to implement the same tariffs that they have on us. From Reuters, via Yahoo News:
Trump’s tariff plans put Germany’s growth at particular risk, Bundesbank warns
Germany is particularly vulnerable to US trade tariffs, which could curb growth for years to come and hold back an economy already suffering through two straight years of contraction, Bundesbank President Joachim Nagel said on Monday.
Germany, Europe’s largest economy, has been in a deep industrial recession, due in great part to subsidised Chinese output crowding out German products at a time when soaring energy costs at home are already weighing on competitiveness.
Modelling projections based on tariff threats from U.S. President Donald Trump, the Bundesbank concluded that Germany would suffer but the U.S. would also take a hit that would more than offset any positive impact of the trade barriers.
Germany clearly has lots of problems not associated with America. China dumps its products there, and its own “green” policies are hammering citizens with high energy prices.
According to Google AI, Germany’s tariffs on American cars is 10%, plus they have a 19% value added tax. Meanwhile America only has a 2.5% tariff on German cars. That doesn’t sound fair, does it? And after all, all these European progressives are “fairness,” right?
Why should America subsidize Germany’s economy to the tune of $65 billion per year?
(Excerpt) Read more at americanthinker.com ...
From the same Reuters item:
https://finance.yahoo.com/news/germany-particular-risk-us-tariffs-121445916.html
______________________________________
The German trade surplus with the United States is heading towards a record level just before U.S. President-elect Donald Trump arrives at the White House, an analysis of statistics office data showed.
While the German statistics office published trade data for November on Thursday, Reuters calculations of 11 month figures showed that between January and November German trade surplus with the U.S. exceeded 65 billion euros ($66.95 billion), well above the previous 63.3 billion euro record reported for the full year 2023.
It’s a darn shame that Russia* blew up the pipeline that had been supplying Germany with huge amounts of super-cheap natural gas as now their industrial base is crumbling.
*well, that’s what the Zeepers and ‘experts’ in Western media said. Be interesting if Trump releases the files on what actually happened.
RE: It’s a darn shame that Russia* blew up the pipeline that had been supplying Germany with huge amounts of super-cheap natural gas as
Has it been shown unambigously that Russia did it?
Ha ha Germany. Couldn’t happen to a worse group of people. If Germany cease to exist tomorrow the world would be better place. But don’t worry they’ll figure it out Germans are smarter than anyone else just talk to one for 5 minutes
By all means, poke the Neanderthal! ;-)
What are they going to do? They don’t fight we have seen that in any coalition they been past of. They are an emasculated culture slowly dying a well deserved death. Really nothing to poke
Germany 15 years ago was very cool. I went there on a couple of trips and thoroughly enjoyed it... except for the old Hausfrau at the rental car check in who went over the interior of the car with a CSI blacklight and decided I had consumed food and drink in the car.
But other than that it was a blast. When I asked, my friends in Munich told me there were less affluent areas of town, but nothing like a “dangerous neighborhood”.
But then they had to welcome in -millions- of the worst, most violent, rapey, stabby, non-Christian people in the world and start chest bumping Russia over EU Ukraine ambitions.
Now their economy is in the toilet, free speech is ruthlessly suppressed, and you can get raped, murdered, or run down at a Christmas market or on the street.
“...and its own “green” policies are hammering citizens with high energy prices...”
Adopting “green” policies is equivalent to national suicide. Germany closed their coal mines, lost their oil and gas supply from Russia causing manufacturing plants to close and economic turmoil.
I’m just saying that I’ve known some Germans, too. ;-)
I don’t want to see them go the way they’ve been going, though. America jokes about its POTATUS, but Germany has had even worse for longer. The green energy scam is a scam and no one wants to freeze in winter. Germany is being set up for it, though.
I think it was sarcasm. The day after the new line from Norway to Poland opened, Nordstream was blown in the part of the Baltic farthest from Russia.
We hated Russian cheap gas going into Germany.
We and the Ukes were adamant that if any Russian gas DID go to Germany, it needed to transit Ukraine so they can siphon and charge transit fees.
Our government repeatedly warned that we would stop it because we didn’t want competition.
Canada refused to return pipeline compressors out for service at Pratt and Whitney to impede the pipeline.
But there is some insane theory that Russia blew up their own pipeline. That’s why I think it was sarcasm.
A huge problem in Germany is that in the postwar when we set up their new government, the main feature was to ensure that the government could never be changed rapidly by voters. Their government is designed to specifically prevent something like a 2024 US election. Out with the old, in with the new cannot happen there.
The intent was to stop a new nazi resurgence being swept into power. What it has accomplished is hardening a bureaucracy and the elitists in power positions and giving the people no realistic method to stop the elites abuse of the German people.
Nobody ever seems to notice that the three most destructive forces in government came from Germany. Nazism, Marxism, and Prussian bureaucracy.
They should stick to sausages, clocks, beer, highways, electronics, etc. But Germans should never be invited to chime in on matters of government. Their mentality that everything must be orderly, extremely planned and organized is the most worldwide soul crushing force in the modern history.
Sounds like they’ll need cheap Russian gas and oil just to survive.
Hmmm. It's the parliamentary coalitions that hamstring the change. But if AfD pulls in a super majority you will, for better of for worse, have sudden change.
But if AfD pulls in a super majority you will, for better of for worse, have sudden change.
Nope....there is a Byzantine maze of ways they will not achieve the levers of power. Even IF they managed to get a majority (they won’t) or a Supermajority (No freaking way) the German President (Not the Chancellor) functions like a Monarch and has “reserve powers” that can dissolve the Parliament, refuse to recognize the vote for a myriad of reasons etc.
And if they win a majority but less that 50% (by far most likely) the other parties will never combine with them.
Their government is purpose built to prevent voters from being able to make changes in the government.
Don’t look for the upcoming election to make any big difference there. And if it would, the President (different that the Chancellor) and the Judiciary and the EU would shut it down.
Nope
Sorry, nope is not my dope.
A monarch is useless without subjects.
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