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Companies and they are successful here in europe they re successful with that and germany there were not as successful this week in america where they wanted to buy an american chip maker and that got vetoed by a president trump i don t know if it s a successful strategy and it s definitely a very different situation of course we look at the trade between the united states and china or whether you look at the trade between the e.u. and the united states because it s just you can t even compare those two battle grounds because it is no secret that china is not playing by any rules they do not allow foreign investment in their country but they take foreign investments elsewhere of course there is a great great imbalance and in donald trump s terms of great deal of an unfairness there if you want to call it that. now the fact is as we just mentioned and i want to come now in fact to the implications for europe the fact is that even if these new tariffs are shot across china is about it s ....
Exceptions for european countries similar to what apparently washington is now talking about doing for canada and mexico is that the right approach could this all wind up having a happy ending after all at least for europe at least it is a very. green with mr very intelligent approach. to try to minimize the risks and the danger is if that will work with i don t know because he kicked out all. he s being advised by. who is. fixed on the fact that the united states import much. and they export and mr navarro is the author of a book called death by china yeah exactly it s so unfair. in other book called death by europe it s not possible so it s hard to say who is influencing trump and what will be the outcome but i think we completely with mr putin it is ....
A good idea to stop just on the subject of navarro he made an outrageous statement that germany manipulates the euro. in order to gain so he is he s on the loony fringe and there s another guy advising trump now as of today larry kudlow who is taking over for gary conus his economic advisor and he s also of course a hardliner and he interesting enough he has switched his stance on trade and tariffs just over the last couple of days until the fate of donald trump s views he is technically whole free trade guy and has always been very outspoken against tariffs and now he has just come around yesterday or the day before to apparently understand that president trump is of course right all along so much for advising the president so basically this is one of the biggest threats we have in this administration that there are in fact no advisers really there s donald trump with his opinion and he is now surrounded not by moderates who could warn against ....
And for lots of reasons and and make sure that from by the way i just wanted to add this obsession with the german carmakers it is true it s a head issue for him but even there we must know that it s been around it s true that b.m.w. and it is one of the largest american car makers in other words their american operations make cars and it is also true that the e.u. has to. arabs on cars from america of ten percent whereas the u.s. has tariffs on cars from the e.u. of two point five percent so there is something that was brewing he just once again shows the worst possible way to put it on the table let s hope to coming back to our title trade war trump against the world you pointed out at the outset trump does not take a systemic view of things essentially it s what we call a zero sum game for him my loss is your win and vice versa long term with we said short term the us maybe could bear the cost long term will the us ....
Exceptions for european countries similar to what apparently washington is now talking about doing for canada and mexico is that the right approach could this all wind up having a happy ending after all at least for europe at least that is a very. very with with the very intelligent approach. to try to minimize the risks and the danger is if that will work with i don t know because he kicked out all the globalist. ministration now he s being advised by all who is. thanks to this pact that the united states important. in the export initiative i was the author of a book called death by china yeah exactly it s so unfair he had another book called death by europe it s not possible so it s hard to say who is influencing trump and what will be the outcome but i think three completely with mr putin is ....