Trump Wants Mercedes-Benz Off American Streets And He's Playing Hardball

The Mercedes Benz factory in Tuscaloosa Alabama

Trump has railed against German carmakers before and in early 2017, in an interview with German newspaper Bild, had said he would impose 35 percent tariffs on imported cars.

German magazine Wirtschaftswoche is reporting that Trump told French President Emmanuel Macron he wanted to stop Mercedes-Benzs from cruising through New York's Fifth Avenue.

This could destroy exports by German carmakers, which control 90 percent of the US premium market and are the biggest European Union exporters of cars to the United States.

Citing several unnamed European and United States diplomats, the magazine reported that Trump told Macron in April he would stick to his trade policy so with the aim of preventing Mercedes-Benz models from rolling down Fifth Avenue in NY.




Two weeks after Trump met with Macron the U.S. Department of Commerce launched an investigation to determine if automobile imports "threaten to impair the national security". The publication cited several unnamed diplomats from the United States and Europe as the sources for its story. 'How many Chevrolets do you see in Germany? BMW, Mercedes-Benz and Volkswagen now build cars on USA soil. The result could be a 25 percent tariff on foreign-made cars, similar to the result of the Section 232 investigation into steel and aluminum imports. "Not too many, maybe none at all, you do not see anything over there, it's a one-way street, '" the magazine added.

The President then attacked US free trade policies. The BMW plant in the southern state employs more than 8,000 people and produces almost 500,000 vehicles each year; the luxury brand sold 305,000 vehicles in the USA during its 2017 fiscal year.

At the time, the president called Germany a great vehicle producer but said that the business relationship with the United States was an unfair one-way street.

The White House did not immediately respond to CNBC's request for comment.

Related news:

Hot News

isis-killer-beheading-video-story-top Alyssa Milano Slams New York Post For ‘Disgusting’ Headline About Kim Kardashian
Jun 01, 2018 - 03:31
Kim is understood to have then contacted Mic's lawyer to try to help with the case and has spoken with Johnson herself. Scholl added that Johnson has admitted her wrongdoing, which is borne out in letters she has written to U.S.

isis-killer-beheading-video-story-top Chelsea FC owner Roman Abramovich eligible to become Israeli
Jun 01, 2018 - 03:09
The award is signed by Rabbi Alexander Boroda, President of the FJCR and the Chief Rabbi of Russia, Berel Lazar. He has owned the team since 2003 and has been present at almost every game, until his visa problems began.

isis-killer-beheading-video-story-top Ottawa throws your money at its pipeline problem
Jun 01, 2018 - 02:18
So Ottawa has bought itself a pipeline that only succeeds economically if the Paris agreement fails. The company said air monitoring is ongoing, and it has notified neighbours and other stakeholders.

isis-killer-beheading-video-story-top European Union retaliates to Trump's tariffs
Jun 01, 2018 - 02:18
Some companies, including Ford, GM and Honda, already assemble most of the cars they sell in America within its borders. The countermeasures will hit USA hot and cold rolled steel, plated steel and tubes, the ministry said.

isis-killer-beheading-video-story-top Gareth Bale Scored an All-Time Great Goal to Put Real Madrid Ahead
May 31, 2018 - 17:44
They let out a collective sigh of relief when he returned to the game, but screamed insults at Ramos when he left the game for good.

isis-killer-beheading-video-story-top Dam safe from mudslide; mandatory evacuations lifted in western NC
May 31, 2018 - 17:37
Subtropical storm Alberto rolled ashore Monday afternoon in the Florida Panhandle before quickly weakening to a depression. There's an area here in downtown Asheville, Biltmore Village, which is kind of known to flood with heavy rain.

isis-killer-beheading-video-story-top 'Active Shooter' video game gets pulled prior to release
May 31, 2018 - 17:35
More than 200,000 people signed an online petition urging Valve Corp., Steam's parent company, not to release the game. In GTA V, for example, a player can pay a prostitute to have sex, then beat her to death and take back the money.

isis-killer-beheading-video-story-top Prince Harry, Meghan Markle to reportedly honeymoon in Canada
May 31, 2018 - 17:30
According to a report in TMZ , the couple will be staying at the 6,000 sq feet Outlook cabin which is the 'The Royal Retreat'. Royal weddings have a history of being one of the most-viewed TV events of the year, but 2018 may turn out to be different.

Study puts Puerto Rico hurricane deaths at 4,645
May 30, 2018 - 11:36
And not a moment too soon, said Carmen Yulin Cruz, the mayor of Puerto Rico's capital city of San Juan. During the storm itself, residents might be hit by flying debris or swept away in flash floods.

Canada To Buy Kinder Morgan's Trans Mountain Expansion Project
May 30, 2018 - 11:32
The Canadian Energy Pipeline Association (CEPA) is pleased that the Trans Mountain Expansion Project (TMEP) will be constructed. In a tweet , Premier Rachel Notley called the announcement "a major step forward for all Canadians".

isis-killer-beheading-video-story-top NBA Finals TV Schedule, Series Odds & More
May 30, 2018 - 11:31
With James a free agent, Cleveland may see its last, if not its best, shot to win another championship for many years. There are plenty of storylines to be had in the fourth consecutive installment of the series.

isis-killer-beheading-video-story-top Apple iOS 11.4 released: Messages in iCloud, AirPlay 2, more
May 30, 2018 - 11:30
With the new iOS 11.4 firmware you'll be able to ask Siri for upcoming calendar appointments or ask her to create one . For the Mac, go to Preferences within the Messages app and click the checkbox next to Enable Messages in iCloud.

isis-killer-beheading-video-story-top Pokemon Quest Unveiled for Switch and Smartphones
May 30, 2018 - 11:22
You'll be able to choose either as a starter in each game, but encounter rates among other things will change. In this free-to-start game, you can face off against wild Pokémon and embark on many exciting expeditions.

isis-killer-beheading-video-story-top Alberto helping bring potentially flooding rain to the Triangle on Memorial Day
May 30, 2018 - 10:58
Alberto was more of a rainstorm than a wind threat, but the National Weather Service said at least one tornado had been confirmed. While the storm has not strengthened into a hurricane, it does threaten residents and vacationers across the US Southeast.

isis-killer-beheading-video-story-top Liverpool must pay whatever necessary to replace Loris Karius
May 29, 2018 - 06:47
But this season has shown that Liverpool can compete with, and beat, the best in England and that is the platform on which they must build.