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Trump warned German carmakers in 2017 he could impose a 35 percent tax on vehicles imported to the United States unless there was some “rebalancing” of trade. There were too many Mercedes-Benz cars rolling down New York’s Fifth Avenue, Trump said, lamenting that Europeans were not buying enough Chevrolets. The White House’s demand to meet German car bosses comes despite the fact it is the European Commission that formally handles trade negotiations on behalf of the European Union gold diamond cufflinks uk online.
To try to assuage Trump officials, German car bosses will outline plans for increasing the proportion of components produced in the United States. Volkswagen (VW) will reiterate it is looking to expand its U.S. manufacturing capacity to include electric cars gold diamond cufflinks uk online. German carmakers are among the largest net exporters of vehicles to and from the United States. BMW and Mercedes, for example, build most of their sport utility vehicles in U.S. plants and import luxury limousines built in Germany to America..
BMW has its largest global car factory in Spartanburg, South Carolina, while VW has a plant in Chattanooga, Tennessee, and Mercedes builds cars in Tuscaloosa, Alabama. “The German car bosses will not try to negotiate international trade policy, but they will ensure that the people in Washington have the same understanding about the impact of their policies as the mayor of Chattanooga,” Brauner said gold diamond cufflinks uk online. Around 10,000 local jobs depend on each model built in Chattanooga, the city’s mayor Andy Berke told the Wolfsburg conference in a Webcast interview..
NEW YORK (Reuters) – A federal appeals court on Tuesday upheld the insider trading conviction and five-year prison sentence of famed Las Vegas sports gambler William “Billy” Walters, even as it chastised an FBI agent for leaking grand jury information about the case. Walters, 72, had been accused of using nonpublic information from former Dean Foods Co (DF.N) Chairman Thomas Davis about the dairy processing company and from Olive Garden parent Darden Restaurants Inc (DRI.N) to make more than $43 million in profits and avoided losses from 2008 to 2014 gold diamond cufflinks uk online.
The 2nd U.S. Circuit Court of Appeals in Manhattan said Walters’ April 2017 conviction was not unconstitutionally tainted by several leaks from Federal Bureau of Investigation Special Agent David Chaves to reporters about the grand jury probe gold diamond cufflinks uk online. It also rejected Walters’ claims that prosecutors suborned perjury by Davis over the use of a disposable cellphone nicknamed the “Batphone” to provide tips, and that the evidence didn’t support his conviction related to Darden..