If he wins the US election, Donald Trump wants to implement an aggressive industrial policy – to the detriment of Germany and other countries. He announced this at a campaign appearance.
Republican presidential candidate Donald Trump has announced an aggressive industrial policy if he wins the election – to the detriment of trading partners such as Germany and other countries. “We are going to take jobs away from other countries,” Trump said on Tuesday during a campaign appearance in Savannah, Georgia. “I want German car companies to become American car companies.”
For years, the United States has watched “the theft of our jobs by other countries,” said the 78-year-old Republican, who has championed the isolationist “America First” policy for years. “We’re going to take over their factories,” Trump continued. If he returns to the White House, he will also ensure that US companies such as General Electric and IBM, which have left the USA, “return to our shores full of regret.”
Donald Trump promises “lowest taxes”
He wants to accomplish this by offering companies in special economic zones, for example, “the lowest taxes, the lowest energy costs, the lowest regulatory burden and free access to the best and largest market in the world” – but on the condition that they produce in the USA. If they chose not to manufacture their products in the United States, they would have to pay high tariffs upon importation into the United States.
Once again, the real estate billionaire made disparaging comments and false claims about the energy transition in Germany. Under the government of Chancellor Angela Merkel (CDU), Germany decided to phase out energy production with fossil fuels. “Germany was destroying itself,” Trump said. Then Merkel was replaced “by someone else” “who is now building a new coal-fired power plant in Germany every week.”
Trump: Kamala Harris wants to do politics like Germany
The right-wing populist referred to Germany as a negative example of a policy that his Democratic opponent Kamala Harris is also pursuing. Companies are “fleeing” the USA because of their climate and environmental policies to curb global warming, Trump said. Already in his first term in office (2017-2021), Trump pursued an aggressive trade policy and imposed a series of punitive tariffs on products from the European Union.
The ex-president and incumbent Vice President Harris are neck-and-neck in the polls in the fight for the White House. Georgia is one of the so-called swing states in which voters sometimes vote for the Republican candidate and sometimes for the Democratic candidate. The outcome of the presidential election on November 5th will be decided based on the peculiarities of the US electoral system in these states.
