Page 8 - Car Sector News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A little bit. stimulation of the strings also of the german carmakers in the u.s. on the other end u.s. consumers seem to a lot of german and japanese cars for terrorists are imposed and then first of all prices will rise over american customers to pay for it it's a question of who is making the better product and that's what i meant with competition you have to there's a competition in the car sector and the americans a little bit try to sneak below that bar and say we impose tariffs and everything will get easier that will not be the case and i asked our wall street correspondent sophie szym...

This for weeks now and they are saying a word saying that this would be the big one the metals tariffs both china and you the u.s. were just testing the waters but what it would if it came to cut tariffs is going to really start a trade war well it's a very difficult situation at the moment and even the the reasoning for the new attempt to impose tariffs is a little bit constructed so we're heading into a very difficult situation on world trade and especially because one of the major german branches with the car sector is targeted a little bit constructed national security i mean where is the ...

Reasoning for that is the question of who is making the better product and that's what i meant with competition you have to there's a competition in the car sector and the americans a little bit try to sneak below that bar and say we impose tariffs and everything will get easier that will you know it nozzle on that potential trade war for the association of german chambers of commerce and industry thank you germany's leading lender is bleeding from a leading global investment bank to downsize operation in damage control the long term share price down revenues falling in hundreds of bankers lea...

To move these rules forward because we did them right. and all he's looking a the is reducing cost to business. now, again, i appreciate that. but if you look at the car sector, when we first regulated them and we demanded cleaner and more efficient cars, they have had record sales ever since. they came into the obama administration ready for bankruptcy. they were bailed out. we regulated. we worked with them. they are doing great and those regulations are protecting public health. they are taking carbon pollution out of our atmosphere and protecting the planet. what is wrong with the scenario...

solutions, many of them, lie with congress. but there are causes and there are many of them. a simple answer would be the cleanest, the most convenient, out of control deficits or stimulus. it's barack obama or george w. bush, but it's not that simple, not that satisfying. one cause however does stand out amongst many. cheap and ample credit. for years the ability of almost every working american to access more credit than they should have been able to, masked the underlying fact that lower and middle class incomes were not rising. people felt and in many cases actually were wealthie...