Page 23 - Auto Tariffs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Issues, of the implications of his policies. he acts on gut instinct and impulse and he has had anti-free trade impulses for quite a long time. but this is deeply irrational from the standpoint of somebody who's leading a country who wants to have a strong economy, who wants to protect his constituents, who wants to get re-elected because of the damage in the midwest. if he goes ahead with the national security-linked auto tariffs he's talking about. the agricultural midwest, iowa and other places if he sticks with this tariff war. it makes no sense economically. and it's also counterproductiv...

The well-being of their own constituents. you know, we used to say in washington follow the money. well, follow the soybeans right now because a lot of farmers' incomes are at stake. donald trump said he doesn't like all those german cars on the street. that's what motivated his potential auto tariffs. well, do you know where the biggest bmw factory is in the world? it's in spartanburg, south carolina. and by the way, american auto producers ford, chrysler, gm, uniformly oppose auto tariffs. why? you think it would help their competitiveness? because every single car on the road now including ...

Who wants to protect his constituents, who wants to get re-elected because of the damage in the midwest. if he goes ahead with the national security-linked auto tariffs he's talking about. the agricultural midwest, iowa and other places if he sticks with this tariff war. it makes no sense economically. and it's also counterproductive politically. nevertheless, the president's doing it, and it makes you wonder is he actually acting rationally while doing this? we don't know. >> and nura tanden, the president's statements on trade were not very specific during the campaign. it was all about just...

Be fighting in is no economic economics. the question is is the president going to do the rational thing and not impose these national security linked auto tariffs. i don't know if he's rational or not. >> the president sgeting out of our commitments to the world trade organization. the dangers could become like the brexit. th the rest of the world could go it alone. charge us and we'll charge you. decades of working toward building international relationships when it comes to trade and lowering barriers could be given up. it could have the opposite effect. american workers should know that. t...

Maybe has much warmer scenes with vladimir putin. if that pattern repeats itself, would put more crack in the trans atlantic alliances. >> shepard: you report the relationship with germany is especially bad. >> yeah, the germans have committed in trump's mind several sins. they know this and they don't know how to get passed them. sin number 1 is they're not paying enough in terms of their defense commitments, their budget commitments. increasing them a little bit but not enough. point number 2, he's very fixated on the automobile issue. he says to angela merkel privately, he said i see german...