i m not an isolationist. i m a free trade sxer a fair trade ter. i don t know what newspaper you re reading. but the i guess that would be another example of, as you say, fake news. oh my god, never misses his chance. greg what do you make of this? i have two points to raise. let s talk about the trade thing. germany makes amazing cars, let s be honest. guess where they make a lot of them? here. 400,000 of them in south carolina. i do like a nice mercedes. the trade deficit is deceptive, when you have a population of 80 million people and america is four times larger, our gdp is 17 trillion, theirs is 7.3 trillion. thank you wickipedia. you have to look at size and why the deficit really isn t as important as they make it out to be. free trade does matter. germany helps our country.
the u.s., the requirement the alleged requirement under nato is you re supposed to spend on defense, germany happens to spent 1.2% on defense. they re going to have to get their funding of nato up. france, germany and turkey are below the 2%, a couple others are below 1%. in order for security, the world, if they want us to continue to play by the nato rules. that s something he talked about during his exam pain. greg and juan will get in. the president took a question from a german reporter about the america first and pushed back that he is pursuing isolationist policies. president trump: i don t believe in an isolationist policy s i the also believe a policy of trade should be a fair policy. the united states has been treated very, very unfairly by many countries over the years and that s going to stop. but
center. if you listen to not only the comments president trump made but also the answers to some of the questions, he hit on two big things, for me i heard something very important when he was talking about trade. he said he s a fair trader and a free trader. right before that at the said something that caught my attention, he said reciprocal trade policies. the point i m trying to pull out is the repip try cal part. if you go into other countries, china, brazil, european union, we may massive at amounts to put our products into those countries, without them having to do the same. it s a heads up and dana and i have talked about this, how are they going to administer a border tax? that may be the first shot across the bough of these countries, if you re charging us 3.4% you may get charged that same 3.4% back in here. bra spill 8.3%. that s trade. also security. you know we talked about nato.