Donald Trump continues to threaten other countries with import tariffs. Now, his focus has turned to Germany and the European Union. The United States needed this kind of muscle years ago, but now it will have almost no effect. While his decision to defend American interests is well respected and needed, there isn’t much good that can come of it. Donald Trump, while holding the interest of the American people at heart, isn’t going to change things overnight, or even within the next 4 years. There is a very large unwind of the status quo that needs to take place before we see any results from his policies. The main focus of his policies are short term and emotional: he is bringing jobs back to America. Look out long term and see that the United States is in no shape to export mass quantities of goods to other countries. To do that, the United States would need to severely weaken the dollar to make it attractive. It did not matter who won the election. Both candidates lack the power to control trade, currencies, and markets in order to get outcomes that greatly benefit America and the American people.
Trump Threatens German Carmakers With 35% US Import Tariff