President Trump is at war with American companies, toy firm CEO says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Op-ed: President Trump is at war with American companies, toy firm CEO says

, houses and condos you were able to sell at inflated prices. How do you dare criticize American businesses for legally and successfully doing business with one of our biggest trading partners? How dare you cast a stone, given your history with failure at business?

Mr. President, you say: "China is ripping us off to the tune of $500b." That's not the real story. It is true America buys more merchandise produced in China than American companies sell into China. However, that is because we consume at a higher rate per household. We like stuff. China also buys products exported from America such as Boeing jets, John Deere tractors and Disney movies. We are not being ripped off. China takes much of the money it and its companies make from the U.S. and reinvests over $1 trillion in U.S. Treasury bonds, which go to help America finance its government spending – including tax cuts.

America wins because we do business with China, Mexico, Canada and the EU, not despite it. Why are you fighting with all our key trading partners while you let Russia, Saudi Arabia and North Korea off the hook? Something is not right here.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yep

Toy firm CEO just wants cheap profitable junk from China to make big bucks. He seems not to care that China has been stealing intellectual property for years and cheats any way it can. He is willing to destroy the USA so he can stay in China. So stay in China, pay the price.

Why can't he make his cheap plastic toys in America? Trying to keep more profits for himself, instead of paying fair wages? Those who scream the loudest...

Not mention of the Chinese stealing intellectual property, forcing US cos to partner w/them /stealing their tech, subsidizing state cos. that can flood US w/ cheap exports causing whole US industries to disappear. Who cares? As long as I get my cheap toys.

Jay is just worried about his CEO bonus.

Trump is at war with anything American.

What was your first clue? The daily attacks on USA.... * Allies * Citizens * Businesses * Cities * Free Press * Intel Or how he defended Putin's interest at the G7Summit OVER USA Best Interests.

Translation: 'We want to go back to the good ole days: flooding the U.S. market with cheap goods with cheap overseas labor so Americans can buy cheap products they do not need.'

He is at war with all Americans that do not support him. I wonder if IvankaTrump is the only one exempt from China related tariffs?

questions is .. why does POTUS not know this... and why do his supporters believe him.

Because trump hates China

VOTEHIMOUTIN2020

Tariffs are taxes. economics

I caught this interview last week. This guy actually is a good example of a weak CEO. Weak because he lets his politics get in the way of doing his job.

And everything else not called Fox News

He just wants American companies to be American again, not Traitors. Get out of China!

No he is at war with China.. Why is the media not comprehending this is a long term issue.. r u ignorant or biased

How about you stop making your crappy toys with Chinese slave labor 🤷🏽‍♂️

Interesting... I think he is at war for American companies.

That’s a good thing considering corporate greed and all of the outsourcing of good jobs that’s going on.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines