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Im Stephen Beard sambolin thanks for joining us. German carmakers are insisting imports of their products are not a threat to u. S. National security this after the u. S. Commerce department submitted a report to President Trump that is believed to make the case for much higher tariffs on vehicles from the e. U. On the grounds of National Security germanys powerful vehicle lobby to a point out that german car makers have created more than one hundred thousand jobs in the u. S. In the recent years the german chancellor Angela Merkel has also dismissed suggestions that the industry threatens america. So how would a fresh set of tariffs affect countries that export cars the u. S. And Germany Institute ran the numbers and their conclusions are dramatic lets look first the biggest current parts exports of the us canada and mexico would not be affected due to their current trade agreements with the us so lets zoom in on another huge exporter germany the study found that a new twenty five per

United statesSouth carolinaAngela merkelStates asaStephen beardPresident trumpNational securityGermany instituteUs canadaTwenty fivePoint sixGlobal economyPoint fourMartin brundleInstitute munichCar companies