Trump Reportedly Wants to Stop German Luxury Cars From Entering U.S. Auto Market - the Drive
Dictators gotta dictate.
Sources included diplomats from both the United States and Europe who cited that Trump told Macron that he would “maintain his trade policy until no Mercedes models rolled on Fifth Avenue in New York.”
No mention of which specific policies would be enacted to prevent Daimler AG from importing its luxury automotive brand, nor if it would be aimed as an outright ban, or be the result of an economically stymied barrier of entry… During the past several weeks, there have been actions performed at the hands of the administration which, given the accusation, could back up the claim.
Last week, the U.S. Department of Commerce was instructed to investigate imported automobiles on a basis of “national security,” causing speculation from investment firms over what sparked the task.
Earlier this year, prior to the talks of heavily taxing imported steel, the same organization launched an investigation to determine if foreign-produced steel was a threat to national security.
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