Trump Responsible For Germany’s Weakening Economy

What a jerk.

Trump

Worse still, he tweets awful things about German officials and the increased crime rate they have brought to their country due to the influx of migrants.

Migrants

Worserer still, he’s also the reason why Germany will be missing its CO2 emissions target for 2020.

Emissions

And worstest of all, he is personally responsible for Germany’s loss to Mexico in the World Cup.

Mexico

And all of this on a Tuesday? They should rename it Trumpday.

Die deutsche Wirtschaft schwächelt, das stellen führende Wirtschaftsforschungsinstitute fest. Schuld ist demnach auch die Politik von US-Präsident Donald Trump.

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German State TV Has Questions

When it comes to today’s Trump-Kim event. And the answers are already written between the lines – by the fact that these particular questions were even asked in the first place.

Trump

Was the Trump-Kim meeting successful?

Is the closing statement really such a breakthrough?

Who benefits from the agreement?

Why wasn’t denuclearization made contractual?

Are there also losers?

Damn right there are losers. Anybody who voluntarily watches German state TV, for instance.

“Großartig“ und “historisch”. Doch die kamen vor allem vom US-Präsidenten selbst. Ein wichtiges Ziel des Gipfels wurde nicht konkret vereinbart.

German Of The Day: Geschröpft

That means fleeced. Or clobbered, if you prefer.

Trump

As in… We protect Europe (which is good) at great financial loss, and then get unfairly clobbered on trade.

„Deutschland zahlt ein Prozent des Bruttoinlandsproduktes (langsam) in Richtung Nato, während wir vier Prozent von einer weit größeren Bruttoinlandsprodukt zahlen. Glaubt irgendjemand, dass das Sinn macht?“

I Don’t Speak Your Body Language

Or, better yet, German of the day: Über den Tisch ziehen.

G7

That means “pull over the table,” as in to get pulled over the barrel or bamboozled.

Body Language 2

Recall back in 2015, almost three years ago to the day, when Merkel, with outstretched arms, stood before President Obama, seated on a bench at that year’s Group of 7 summit.

Sein Verhältnis zur deutschen Bundeskanzlerin beschrieb Donald Trump mit dem Vokabular des Preisrichters bei einem Schönheitswettbewerb: Auf einer Punkteskala von 1 bis 10 gebe er der Beziehung zu “Angela und Emmanuel und Justin” die Bestnote, sagte der US-Präsident am Samstag vor seiner Abreise vom G7-Gipfel in La Malbaie mit Blick auf Merkel und ihre französischen und kanadischen Amtskollegen Macron und Trudeau.

Germany Preparing Itself To Lose The Next “Illegal” War

A Vicious Cycle – Berlin Worried about Losing Trump’s Trade War.

War

The U.S. has followed through with its threat to impose punitive tariffs on European steel and aluminum and the signs are pointing to a global trade war. The German government is doing what it can to prevent harm to its automobile industry.

… The German automotive industry would also be hard hit by a possible trade war with the U.S., where the most cars are sold in the world after China. German carmakers export around a half-million vehicles to the U.S. each year — particularly the kinds of expensive sedans that have been a thorn in Trump’s side for decades. If punitive tariffs are imposed, carmakers would likely have no choice but to react with higher prices and thus risk a decline in sales. VW subsidiary Porsche is especially at risk. Although the company sells almost a quarter of its vehicles in the country, it does not operate any factories of its own in the U.S.

“Germany stands to lose most.”

Remember This Guy?

Martin Schmidt? Or was it Meier? Müller? … Schlitz?

Schulz

Anyway, he’s back again or something. For a few seconds. Now that his fifteen minutes are up, I mean.

He and his comrades over at the SPD are mad as hell at US-Amerika‘s new Ambassador, Richard Grenell, because of, well, “perceived breaches of diplomatic etiquette” (how diplomatic).

He said in a recent Breitbart interview, for instance (Breitbart is a German news service, Breitbart meaning “wide beard” in our language), that he wanted to empower conservative forces throughout Europe. I know, right? And then he did this and then he said that and yada, yada, yada and now everyone on the left (and that’s a whole lot over here) is completely outraged because, well, it’s a slow news day/week/month so it’s time to call for somebody to fire his red, white and blue ass. If it wasn’t for outrage they wouldn’t have no rage at all.

“I think there is a groundswell of conservative policies that are taking hold because of the failed policies of the left.”

“Ich hoffe, dass der Kurz-Besuch zu einem Kurz-Aufenthalt von Herrn Grenell in seiner Funktion als Botschafter in Deutschland führt.”

Trump To Follow Germany’s Lead

After Germany introduced a ban on German vehicles in the city of Hamburg today, President Donald Trump has announced plans to do the same in US-Amerika, as well. Sort of.

Trump

A report that U.S. President Donald Trump has threatened to pursue German carmakers until there are no Mercedes-Benz rolling down New York’s Fifth Avenue dented shares in the luxury car manufacturers on Thursday.

An excerpt from German magazine Wirtschaftswoche’s article, which cited several unnamed European and U.S. diplomats but did not include any direct quotes, could not be independently verified, while a United States Embassy spokesman in Berlin referred questions to Washington.

The news and current affairs magazine said Trump had told French President Emmanuel Macron in April that he aimed to push German carmakers out of the United States altogether. Macron’s administration in Paris declined to comment on the report.

Eine harte Antwort wäre für die deutsche Wirtschaft riskant: US-Präsident Trump hat neben den Metall-Zöllen auch Zölle auf ausländische Autos ins Spiel gebracht.

German Of The Day: Standpauke

That means lecture. And according to the Spiegel, that’s what Angela Merkel is about to get from Donald Trump.

Merkel

Well, folks. If it’s not in the Spiegel it didn’t happen. Or ain’t gonna happen, in this case. So “dress warmly,” Angela, as the German saying goes.

After Macron’s two-day Trump charm offensive, Merkel plays “bad cop” in Washington.

Angela Merkel won’t be showered with the pomp and praise that marked Emmanuel Macron’s state visit to Washington this week—let alone with any touch-feely back rubs. The German chancellor comes armed with spreadsheets, rather than Gallic charm, and has just a couple of hours to try and head off Trump’s looming aluminum-and-steel tariffs and protect German businesses.

“In Germany, every fourth job depends on exports. In the industrial sectors, it’s more than every second job.”

“Trump is awful but…”

“He’s right.”

Handelsbilanz

Uh-oh. All bets are off now. I may have found a German economist who is willing to take an unpopular stand and defend certain aspects of the Trump administration’s policy. Unpopular? Sacrilegious is more like it, right?

“On one side there’s the EU with a trade surplus that is mostly supplied by the huge German surplus. On the other side is the USA that has been living with deficits for 30 years. Germany is the world’s largest surplus country and the USA is the world’s largest deficit country. The trade practiced between these two national economies may be free but it is not efficient. This criticism of the German undervaluation strategy – that is, the relatively weak salary increases combined with a weak euro – has been around since presidents Bill Clinton and Barack Obama. Politicians in Congress have warned about making trade deals with notorious surplus countries. Trump is just the first one to do anything about it.”

“Every country can do whatever it wants – but not when it is part of a currency union in which there are no exchange rates that could be adjusted. Germany procures an advantage in global trade not just due to the quality of its products vis-a-vis its EU partners, the USA and other countries. In the past 15 years salaries in Germany have remained far behind productivity. We gain advantages over other national economies through wage dumping.”

“Will the punitive tariffs have a real effect on the German economy? Not so quickly. They have just been little needle pricks up until now. But if the EU now pursues the loud-mouth announcements made by Commission President Jean-Claud Juncker and reacts with its own punitive tariffs it is possible that the USA’s reaction will be more massive. Yet Trump is merely following a very simple rule here that no one in Germany wants to believe: The losers in such a trade conflict will be the trade surplus countries and the winners will be the deficit countries.”

Aber wenn die EU jetzt den großmäuligen Ankündigungen des EU-Kommissionspräsidenten Jean-Claude Juncker folgt und mit eigenen Strafzöllen reagiert, kann es sein, dass die USA noch massiver reagieren. Trump folgt doch einer einfachen Regel, die in Deutschland niemand wahr haben will: Verlieren werden in einem solchen Handelskonflikt die Handelsüberschussländer und gewinnen werden die Defizitländer.

No Alternative Facts Or Fake News Here

While President Donald Trump held his speech at the World Economic Forum in Davos on Friday he brought up one of his favorite themes: “Fake news” and malicious journalists who are ought to get him.

Trump

There were some boos in the crowd following this. No big surprise here. But responsible journalists at Germany’s Staatsfunk channel ARD, concerned that these boos might not be as audible on their recording as they “ought” to be, tweaked the audio to make the boos louder.

The outrage in Germany hielt sich in Grenzen (was limited) when this came out, of course, but a few German journalists were nevertheless less than impressed with the ARD’s methods. “You’ve clearly overstepped the limits for a news broadcast,” wrote one journalist. “And it’s hard to imagine that you would have done the same should there have been applause.”

„Die @tagesschau hilft ein bisschen nach, damit Buh-Rufe gegen Trump lauter und deutlicher zu hören sind. Klare Grenzüberschreitung bei einer Nachrichtensendung, lieber @KaiGniffke. Und schwer vorstellbar, dass Sie dasselbe bei Applaus getan hätten“, schreibt Reichelt.