pcr tells you how the trump is stealing german jobs;

Trump Is Stealing German Jobs

Paul Craig Roberts

Trump, for whom I had hopes like tens of millions of Americans, is turning out to be a disaster for America and the world.  Last Friday Trump announced an increase in the tariff from 15% to 25% on cars and trucks from the EU, thus breaking the agreement he made last July with European Commission President Ursula von der Leyen.

Trump’s excuse is that the EU is not complying with the July agreement, but if he offered evidence it has not been reported in the news accounts I have seen.  Trump has used tariffs in order to force concessions on non-related issues or as punishments.  Perhaps the tariff increase is punishment for some EU members refusing the use of their airspace for Trump’s war on Iran and for Europe’s lack of help in keeping the Hormuz Strait open, as if Europe could do anything about it.

Or perhaps Trump’s intent is to steal jobs from Germany and bring them to the US.  A 25% tariff on cars made by BMW, Mercedes, and Porsche will put the price out of reach of many who are addicted to these expensive automobiles. As the US market is a large one for these manufacturers, they will be tempted to relocate their production to the US in order to avoid the tariff.  Thus, German capital will be used to produce in the US for the US market, thus substituting US labor for German labor, just as US production in China for the US market eliminates US jobs and increases Chinese employment and the US trade deficit when the offshored production comes back to the US to be sold.......more...........