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Mar 17, 2017

03/17/2017: Trump and Merkel’s awkward diplomatic dance

German Chancellor Angela Merkel spent a few hours at the White House today for her first face-to-face meeting with President Donald Trump. Things were a little frosty, and Trump made his thoughts on the trading relationship between the U.S. and Germany clear. Merkel surely knew this was coming, as she arrived in Washington with several execs, including the CEO of BMW. We’ll look at the negotiation ahead. Then: How much of the U.S. budget is tied up in foreign aid, do you reckon? Most folks’ guesses are way, way higher than the reality. Plus, as always, we’ll wrap up a busy week in economic news. 

German Chancellor Angela Merkel (L) meets with U.S. President Donald Trump in the Oval Office of the White House on March 17, 2017 in Washington, DC. 
German Chancellor Angela Merkel (L) meets with U.S. President Donald Trump in the Oval Office of the White House on March 17, 2017 in Washington, DC. 
Pat Benic-Pool/Getty Images

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German Chancellor Angela Merkel spent a few hours at the White House today for her first face-to-face meeting with President Donald Trump. Things were a little frosty, and Trump made his thoughts on the trading relationship between the U.S. and Germany clear. Merkel surely knew this was coming, as she arrived in Washington with several execs, including the CEO of BMW. We’ll look at the negotiation ahead. Then: How much of the U.S. budget is tied up in foreign aid, do you reckon? Most folks’ guesses are way, way higher than the reality. Plus, as always, we’ll wrap up a busy week in economic news.