If you open up the news today (Sunday), there's a five-star story sitting there and discussing a US-Germany trade issue.
So it involves the German Minister of Economic Affairs....Pete Altmaier, who recent made a trade trip to DC, and conversed with some Trump Administration folks.
Altmaier wants to work up an EU agreement on industrial products....bringing the tariff situation with US products to ZERO. Yes, you heard it....ZERO for the tariff situation.
Where have you heard that before? Oh yeah.....what President Trump said almost two years ago.....that he would bring the Germans to the table and discuss the zero percent tariff.
If this goes through? The German car industry ought to give Altmaier an award of some type....saving tons of jobs, and preventing massive chaos if a massive US tariff had been put in place.
I should note though, this is not a done deal, and the EU is the one handling the footwork that Altmaier handed over....so it's not a guaranteed deal that they can wrap this up. I also need to note that this only attaches itself to industrial-type products. Trying to bring the all-encompassing TTIP massive trade deal back up (failed from mid-2016)? No....forget about that....it'll never happen.
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