WASHINGTON — The Latest on the escalating trade war between the U.S. and China, the world’s two largest economies :Two trade associations representing auto companies say the escalating tariff fight between the Trump administration and China is bad for the industry.
The National Retail Federation made its comment in response to President Donald Trump’s call Friday for U.S. businesses with operations in China to look for alternatives, as trade tensions between the world’s two largest economies intensified. Trump lashed out at Beijing Friday after it announced retaliatory tariffs on $75 billion in U.S. products.
President Donald Trump lashed out at China and on Twitter is urging U.S. companies to consider an alternative to doing business in China. The stocks of all three companies the president mentioned also dropped as traders tried to understand what the implications for them were.
Another colossal mistake by Trump. Just when you think he can't do anything dumber, he does something dumber. All because he wants to deflect from seeming incompetent dealing with the virus. That doesn't work. Still incompetent.
Stop China junk waste of resources. Stop stealing copyright and more from both USA and Europe. Tired of copycat junk.
Stop buying Chinese junk.
Who is going to hold Trump and his friends accountable for fiddling with the stock markets ?
Now this how war is fought without weapon.. hence the saying “THE PEN 🖊 IS MIGHTIER THAN A SWORD” 🗡
What would be the end of the game?
You can't win
America is the laughing stock of the world
Says he is looking at a tax cut, then raises taxes through misguided tariffs.
This is not going to turn out well. This is like playing chicken on who's economy will crash and burn first.
We loose
If you don't understand what this maniac is doing you deserve what's coming. Trump needs to be stopped.
How about a rider on any deals. No more dog and cat eating. Taiwan banned dog and cat eating last year.
Look at all that winning. Xi knows he can outlast Trump. Trump's too stupid to understand that Xi's playing the long game.
kfdinews China playing trump like lost puppy
Don do you know anything about world economics? “Huh?!”
Buy American made products. 🇺🇸
China has bigger problems than tariffs.
Caption... “Did you smell that, yep you dealt it.”
Hit China hard, hit China fast and don't let up on the pressure! 🇺🇲
He’s nuts. We need China and its billions of customers more than they need us. He will destroy this economy.
I see no other way but this ending well for the United States
Some growing pains as we keep getting OUR Country back ! Companies that invested in a Communist country, should look at history ! The Communist government will NEVER let anyone prosper ! No where in history has a Communist government ever been able to stay self sufficient! KAG🇺🇸
Business owners question trumps China ORDER
Stop buying from China. They are communists. They are NOT a Free Trade/Free Market Economy. It is time to end all trade with China.
Cool 😑
And we pay it.
Just like your tweets
TheLibertyLamp
Stop!!!
In other news, Trump shell corporations short market immediately before announcement of tariffs...
This all will end 11/2020
This is a tax on Americans
What a pussy, if he had balls he would make it 50% lol trade wars are too easy
Get him out before he bankrupts us all
BigMike825 Surprise surprise....
I've said it before and I'll say it again, 'What a jerkface!' Get it together America... before it's too late.
This shithead is going to get us into a shooting war with China...
Take that China
Great! China is a bad guy, but if you listen to the media and Silicon Valley, China sings in an angel’s choir...
In regards to trade which China is 100% self serving Be soft with china doesnt work Be aggressive doesnt work Be diplomatic doesnt work Be fair doesnt work What would work is if all Americans with purchasing power all got onboard the same ship
China has been ALLOWED to rip us off for years so its time for the economy to adjust to business WITHOUT CHINA , LET THEM SINK IN THERE OWN SHIT !!!!
realDonaldTrump ‘s tweets are insider trading for him. He is determining the market and manipulating his bank account. This is illegal!
So, what are trumps buddies scooping up at bargain prices before he reverses course again?
No one is winning here folks. And China won’t back down.
I will tell you what you want to hear but stick it in your back at every turn.
Heck, bump it up 500 percentage points! That would send the message that should be sent.
China needs to realize Obama left office a while ago
Seriously! The RNC needs to lead, follow or GET THE HELL OUT OF THE WAY! These tariffs are killing America. You are hurting us! Cannot wait for 2020!!! RNC=the party of evil; the party of the filthy rich. 'New Republicans' arise! We desperately need free & fair policies.
Buy American!
Yay, American consumers get effed again. Thanks Baby Donald.
We are so winning right now
There goes X-Mas for all the Walmart kids..,,
If you support this fool, you are the bigger fool. This is not a GOP/Dem issue. This con man doesn't give two shits about you, your family or your lot in life. He's interested in two things: telling you what to be afraid of and who's to blame for it. DumbassDonnie
Idiocy
So basically realDonaldTrump is actually punishing America once again and forcing the economy into more danger. While lying to Americans saying the economy is booming and blaming the fed for not fudging the numbers for him .
How Trump went broke running casinos is starting to come a bit more in focus.
Anybody who likes this move has no money in a 401k or the market at all and you know who that is. Trumptards.
Should be as easy for any company to just shut off the China switch, just like a dilapidated distressed real estate empire built by daddy's money.
Winning
Americans will be paying this not the Chinese. Love all the winning!VoteBlueNoMatterWho
Hilarious seeing Leftists now backing billionaire corporations, because, you know, gotta get one over on US Pres, right comrades?
Just like a kindergartener!!!! Not even... OMG !!! Enoughhhhh
sure, make it so people in the US can't afford shit. Trump is shit
Like I said when he won in 2016, he will bankrupt our Country like all his businesses.
China is playing Trump like a fiddle. They pull a string and he does the tariff dance, which impacts our economy and makes him look like a court jester.
With the resident attending the G7 this weekend and the 1,000 new indignities that’ll bring, we’ll barely remember this by Monday morning
There goes our small biz. We might as well walk away. He’s killing us all.
Oh,Too love!
It's like he is angling first for a trade war and then an actual war so he can prolong his presidency, but surely he wouldn't sacrifice millions of lives to quench his lust for power......
Who’ll blink first in this staring contest
Trump just added an additional 5% Trump tariff tax on things made in China ... but we’ll bet they exempt all the products sold by the Trump’s that are made in China.
Let me guess. Ivanka’s brand is exempt from these tariffs too.
Will revoke them in the next 24 hours
I thought he didn’t want to ruin Christmas?
I guess HE REALLY WANTS THE STOCK MARKET TO TANK!!!
Vengeful fool
on a Friday right after the markets closed, also throws a drag on the US economy while it sits on the precipice of a recession, SMH StableGenius
He waited until the markets closed at 4pm eastern because he knew it would even further tank the numbers. The dow dropped over 620 points (nearly 3% of its market value) during trading today. Coupled with the inverted yield curve on treasury bonds and we're in for a rocky road.
Is he nuts?
Lol ETTD ... or maybe not so Lol
So he doesn’t care about Christmas shopping 🛍?! Hmmmmm.
Trump has lost control. TrumpTariffs TrumpFail TrumpRecession
TrumpIsADisgrace TrumpRecession
dreynders alexanderdecroo peeters_kris1 BREAKING: Trump announces new retaliatory tariffs against China, bumping up taxes by 5 percentage points, putting SAMSUNG(NL)-spies & MOFA_BELGIUM-operatives further on the edge
Try making products here in the USA, and people here will buy them, the biggest drop will be the profit on each item but more items will be sold and the people making the goods will also buy them. Not so long ago American made was the world standard.
That'll fix it
CalmCoolSnarky1 So much for being able to say MerryChristmas again. TrumpMeltdown ImpeachTrump VoteBlueNoMatterWho
exhaustedtoo TARIFFS ARE TAXES ! TARIFFS ARE TAXES ! TARIFFS ARE TAXES ! TARIFFS ARE TAXES ! TARIFFS ARE TAXES ! REPUBLICANS RAISED YOUR TAXES “ IMPEACHTRUMPNOW
Got_It 👍🏻
Buying freeze for us. Not buying anything until trymp gone
He alone can fix it...
Monday markets won't be too happy or charitable. This moron! 🙇♂️
That should take care of it
realDonaldTrump WhiteHouse TradeWar TariffMan so much Winning! 🤡🎪🤡
Don’t worry everybody. Trump has been planning this brilliant 4D chess move for at least half an hour.
You punched me. I will punch back. Are China an US playing boxing match🤣🤣
Excellent👏👏👍 he's destroying the economy all on his own. 🤡
🇺🇸🇺🇸🇺🇸 USA USA USA Buy American
This is Trump's impulse of the moment. Might be changed 5 times by the end of next week.
MarketPlungeMonday MarketPlungeMonday MarketPlungeMonday MarketPlungeMonday MarketPlungeMonday MarketPlungeMonday MarketPlungeMonday MarketPlungeMonday MarketPlungeMonday MarketPlungeMonday MarketPlungeMonday MarketPlungeMonday MarketPlungeMonday
Trump is THE threat to national security
Well at least your calling them taxes, which is what they are
Monday morning the stock market will fall Bigly
Monday’s markets will be a disaster.
It's as if* he didn't understand how tarriffs worked...(*he doesn't understand)
And American taxpayers, as you always neglect to put in the headline.
on PENNSYLVANIA AVENUE 🎙🇺🇸🌩🏦🗽💰📥💸💳💹💲🤑😲😨📉📊
Trump has gone insane and forcing US consumers to pay for his tax theft / scam through tariffs is a crime against the American people. Good luck staying out of jail after he loses his 2020 election.
manafort convicted flynn convicted gates convicted cohen convicted butina convicted stone indicted Barr withholds evidence from Congress but. right .... more tarrifs epic incompetence
To be clear, the middle class just got slapped with more taxes right before the holidays. This president is mentally incapacitated and should be treated as such.
Yay...... more taxes for Xmas
Clown in office throwing out numbers like it won’t affect anyone for real
LOL, WHAT AN AASHOLE TRUMP IS !!!!!
How long before Dipshit threatens an embargo and just completely tanks the market?
Cool
its going from bad to worse. Out of control.
Thank you realDonaldTrump for fighting everyday for America
They're bumping up tariffs 5%.
See? Trade wars are super easy to win if you don't care about how much it hurts people, the economy and the country in general.
'Trump raises taxes on American consumers by 5 percentage points'
How much more can realDonaldTrump fuck over America’s taxpayers? How much more GOP
Well I’m sure this will fix everything.
Inside the White House, aides are reportedly scrambling to come up with new ideas to smooth Trump's ruffled feathers, but he changes his mind day by day, hour by hour, minute by minute. One never knows when that next tweet is coming. It's a recipe for disaster.