President Donald Trump argues "badly run and weak companies" are blaming his tariffs on China for difficulties they face.
Trump has been putting blame on the Federal Reserve, rather than his trade war with the world's second largest economy, as concerns grow about a looming recession.President Donald Trump on Friday argued "badly run and weak companies" have blamed his trade war with China for flagging business in order to mask "bad management."
His tweet comes as more companies from a range of industries have started to slam his tariffs on about $550 billion in Chinese goods. Earlier this week,Trump, who has tried to pin blame on the Federal Reserve rather than his trade conflict with the world's second largest economy as concerns about a looming recession grow, said companies "are smartly blaming these small Tariffs" for their difficulties.
Tariffs on goods from China can raise costs for many U.S. companies. In turn, they often have to pass the increases on to customers who buy their products. While Trump has repeatedly argued his administration's duties would not hurt consumers,when he delayed certain tariffs because of the upcoming Christmas shopping season.
Trump has fixed his ire on the Fed in recent weeks as fears about a slowdown mount. In a tweet earlier Friday, he claimed the U.S. only has its central bank to blame rather than trade policy.The White House has pushed for a trade deal with China to get Beijing to address issues such as intellectual property theft and forced technology transfers. Trump also wants China to buy more American crops.
CNN sorry I mean CNBC is wacko
If you don’t believe this won’t be the case, you haven’t listened to enough earnings calls.
So, let me get this right. Goods we get from China are going up but we’re winning. Seems to me that we Americans are losing and are pawns in lying potus checker game. He can’t play chess. He also can’t negotiate. Bullies can’t negotiate, they take their ball and go home! 😢
Badly run governments are using the media as a scapegoat 😏
Well. He is the expert in badly run and weak companies
😳😡
Be knows all about running companies, badly and blaming others. That’s how he can recognize it so easily
CNBC is Fake News!!
He ought to know. His badly run companies went bankrupt. Even a casino. Now that’s hard to do but trump did it.
What was your excuse Trump with your bankrupt companies?
PatheticPresident FakePresident
In 3 days we got 'one of the most corrupt places on earth' (Puerto Rico); 'never in the history of our Country has someone been more thoroughly disgraced'; and now it's all 'excuses' and 'scapegoats'. So concluded White House Projection Week.
Spoke to someone in the agriculture products distribution business recently. Business off 25/30% due to tariffs. Losing their Chinese customers to Australian suppliers. Unlike the whiny orange idiot these are sharp business people who run a good company.
One way to piss off voters Donald..... continue PLEASE.
He knows about badly run companies
Trump wants 2008 all over again.
He's right
LIAR
realDonaldTrump has been bankrupt 6 times with his companies and been sued over 4000 times. And he's the business wizard LOL
From a guy who was on bankruptcy like four times... Get the fuck out of here
he is right u know!
Running out of excuses. Navarro will be the last man standing.
Excellent strategy. Insult as many as possible!
As in companies that file for bankruptcy? trumprecession
Dump is running our country. I hope the hurricane flattens The Doral AND Mar ILago!
He should know badly run companies, he has been doing it for years for his own company. Just look at the way he is running the federal government that should tell us all that all he knows how to do is run bad companies
A tariff is a tax company’s never welcome new taxes anymore than a person does. Trump of all people should know he hates taxes🤡👺👹
Whose fault is it for having Trade deficit with China?
kuku27 Not all companies are badly run.There are all kinds of facilities, some good, some bad, some horrible too
My company is paying more for certain materials we use that are impacted by the tariffs. However, fuel costs are less and we have been much busier the last few years so we are still coming out ahead.
Although President Trump is not perfect, he is very hardworking. He strives to consider the interests of the United States and is a very competent president. Does the United States still need Obama’s same-sex toilet?
Yeah and those stupid farmers should stop making excuses too! All these fools that put Trump into office are reaping what they sowed. If they double down in 2020, then all I have to say is good blanking luck.
Let’s see here, when “business friendly” Trump took office, we were in a synchronized global economic growth phase. In a mere 3 years, we are in a synchronized global contraction. What has changed? Trump’s withdrawal from global institutions & his chaotic trade war w/ no winners.
Will they vote him back in so they can suffer more? Loyalty doesn’t pay the bills.
Said the man that bankrupted a casino.
TARIFFS are TAXES on Americans and it is PISS POOR policy from this White House …
tRUMP is an UNnatural disaster.
TARIFFS are TAXES on Americans and it is PISS POOR policy from this White House
WhiteHouse using Fed as scapegoats is more accurate.
Trump casinos Trump airlines Trump University..
Yes indeed! Excuses! Badly run country, the USA President is using the Fed and the Press as a scapegoat for his gross incompetence, poor negotiation skills (or none) and bad policies.
The blaming game begins.
Excuses? Don the Dictator you are the master of excuses! It’s ALWAYS somebody else’s fault!
'Trump Tariff' is a temporary, variable, & targeted 'TAX'. A democrat TAX is a permanent ever rising burden on American society !!! I'll take the tariffs ...
This is the plan & simple truth!
Here go again, trumpet blaming the American companies for using tariffs as a scapegoat. There is no end to the idiocy of the illegitimate president.
weak companies like Google Yep Yep
Remind me how many times Trump has filed for bankruptcy? TrumpRecession
Why aren’t you asking all these corporate CEO’s you’ve been interviewing about higher tariffs and passing the cost to their customers if they passed on the 30% decrease in corporate taxes they received to their customers?
The President's short book....
I hate to admit I agree with this, but I do. Similar thing happens when CEOs complain about a strong $ hurting sales. CEOs are paid to adjust and hedge.
This will win him friends among small- to mid-sized businesses. He's already upset the farmers. Coal miners. Now entrepreneurs. Who next?
That's because Narcissists ALLWAYS BUT ALLWAYS, blame someone else for their failings.
Badly run presidencies are using the Fed as a scapegoat.
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