President Donald Trump last week criticized German carmakers for selling too many vehicles in the U.S., contributing to a billion-dollar imbalance in trade.
But the president is focused on the wrong target, said Allan Golombek, a senior director at the pro-business consulting firm White House Writers Group in Washington.
Germany’s Der Spiegel magazine last week reported that Trump told European Union leaders in Brussels that “the Germans are bad, very bad.” A spokesman said the president’s remarks referred to the millions of German cars being sold in the U.S.
“Regardless of where you stand on free trade, it is hard to argue that German auto manufacturing is anything but good for the U.S. economy,” Golombek said in a column on Real Clear Markets. He cited luxury carmaker BMW as an example of a German carmaker that has invested billions in the U.S. and now employs thousands of workers.