Germany will need a new economic strategy geared toward Asia should the new U.S. administration start a trade war with China, Vice Chancellor Sigmar Gabriel said on Friday, warning of a “rough ride” hours after President Donald Trump was sworn in.
“What we heard today were high nationalistic tones,” Gabriel said in an interview with the public broadcaster ZDF, in the first official German reaction to Trump’s inauguration. “I think we have to prepare for a rough ride.”
He added that Trump “was extremely serious” in his inauguration speech, which meant he would follow his promises on trade and other issues with actions.
Europe and Germany must stand together “to defend our interests.”
The United States is Germany’s biggest trading partner and Trump has warned that his administration will impose a border tax of 35 percent on cars that German carmaker BMW plans to build at a new plant in Mexico and export to the U.S. market.
(Reporting by Joseph Nasr and Sabine Ehrhardt; Editing by Mark Trevelyan)
Trump approves of North Korea missile tests: ‘I have no problem’ because they’re just ‘short-range missiles’
On Thursday, in conversation with reporters, President Donald Trump said that he had 'no problem' with North Korea's new round of missile tests.
"Short-range missiles, we never made an agreement on that," said Trump. "I have no problem, we'll see what happens, but these are short-range missiles. They're very standard."
The thought that short-range missiles would still be capable of hitting our allies in the region, like South Korea and Japan, does not seem to have occurred to him.
Trump says he has "no problem" with North Korea testing missiles because they are just "short-range missiles" that are "very standard." pic.twitter.com/fdKtQ6yrBE
Russian Twitter propaganda predicted 2016 US election polls
But one conclusion was unequivocal: Russia unleashed an extensive campaign of fake news and disinformation on social media with the aim of distorting U.S. public opinion, sowing discord and swinging the election in favor of the Republican candidate Donald Trump.
Beto O’Rourke calls for a ‘war tax’ in release of health care plan for veterans
The Democratic presidential candidate uses his eighth policy announcement to focus on an area that he prioritized in Congress.
Democratic presidential candidate Beto O'Rourke on Monday morning released a plan to improve the lives of veterans, returning to an area of priority during his time in the U.S. House for his latest 2020 policy rollout.
In keeping with measures he supported in Congress, the plan calls for a "responsible end" to the wars in Iraq and Afghanistan — reinvesting $1 out of every $2 saved in veterans programs — and the creation of a Veterans Health Care Trust Fund for each future war. The fund would be paid for by a "war tax" on households without service members or veterans.