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Why President Trump is not satisfied with German trade

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During a meeting with European Union leaders in Belgium, President Donald Trump systematically voiced significant displeasure about Germany’s trade surplus and he added that “the Germans are bad, very bad.” White House chief economic adviser, Gary Cohn, tried to defend Trump’s statement by saying that Trump’s comments were about trade. “He said they’re very bad on trade but he doesn’t have a problem with Germany.”

In his 1st press conference which took place about three months ago, Trump also used Nazi Germany as example.

In an interview with German newspaper Bild sometime ago, Trump described trade between Germany and U.S as “out of balance.” He said:

“If you go down Fifth Avenue everyone has a Mercedes-Benz in front of his house, isn’t that the case? The fact is that there is no reciprocity.” He went further: “How many Chevrolets do you see in Germany? Not very many, maybe none at all it’s a one-way street. It must work both ways.”