Chancellor Anegela Merkel: 'Germany Creates American Jobs'

World | June 28, 2017, Wednesday // 09:14| Views: | Comments: 0
  • Send to Kindle
Bulgaria: Chancellor Anegela Merkel: 'Germany Creates American Jobs' facebook

Germany creates American jobs, Angela Merkel said Tuesday, in response to criticism from the White House over Germany exporting significantly more than it imports, reported Politico. 

Speaking at the annual gathering of The Economic Council of the CDU, the business arm of Merkel’s conservative Christian Democrats, the chancellor mounted a strong defense of German industry, less than two weeks before she will see U.S. President Donald Trump at a G20 summit.

“The fact that we have 10 times as much direct investment from Germany in the United States than there’s American investment in Germany has, of course, … a strong effect on the many jobs we create in the U.S.,” Merkel said.

The chancellor added the U.S. “should also take into account that [car maker] BMW has its largest production site not in Germany but in the United States … and exports more cars from there into third countries than Ford and General Motors combined.”

World » Be a reporter: Write and send your article
Tags: US, jobs, Angela Merkel, Donald Trump
Advertisement All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria