I will point this out....they had a chance to work up the TTIP deal, and screwed it up at the end of the Obama era.
Trump can wave the TTIP deal at them and force them to spend three or four years talking about some deal, while the US gets highly competitive.
I’ll point another thing out....since Macron won, if you were looking for some Trump-like character to rebuild the French economy....he’s done a couple of things that shocked the socialists. France might be more competitive than Germany in just a year or two.
In the end....a TTIP-like treaty is the only mechanism to fix this problem (Trump might be around for seven more years).
The German companies are coming here because the US is already the most formidable competitor in the world for manufacturering. The tax code was the biggest hurdle and now it’s gone. Combine that with the energy cost differential and the German manufacturers will flock here.
Do not see the relevance to the treaty. We do not need treaties or trade barriers. If Trump keeps it up the US competitive advantages will be overwhelming. All we need is to free our industries and businesses.