Trump also demanded UPS, FedEx, Amazon, and the Postal Service search their shipments to prevent fentanyl from entering the U.S.China's announced tariffs on $75 billion of American goods and cars, by demanding FedEx, UPS, Amazon and the Postal Service"immediately start looking for an alternative to China," causing the Dow to drop 400 points, while the S&P 500 and NASDAQ slid over 1.5%.
Trump also demanded UPS, FedEx, Amazon, and the Postal Service search their shipments to prevent fentanyl from entering the U.S. The Chinese tariffs will go into effect in two batches: one on September 1, and the other on December 15. “In response to the measures by the U.S., China was forced to take countermeasures,” said the Chinese State Council in a statement Friday., and the Dow dropped 100 points after the Council’s announcement, before recovering slightly on positive remarks from the Federal Reserve's annual meeting.
Trump tweeted, “The Economy is strong and good, whereas the rest of the world is not doing so well,” right before the Council’s announcement.
Sounds reasonable.
Screw this hypocrite. He should lead by example. 90% of his crass products are made overseas. He's flailing because his 'easy' trade war wasn't easy at all for the farmers and factories.
American companies should have started to look for another suppliers at least 2 years ago. Trump openly told them that the way we are dealing with China has changed 180. China doesn't want any agrmnt & wants see Trump gone. We should stand behind our president, not root for China
Donald Trump : ' FRAUD, EVASION, TAX AVOIDANCE, FINANCIAL SCANDAL, POLITICO-FINANCIAL CONNIVANCE... ARE SOCIAL CRIMES : fewer schools, fewer collective projects, less public economic sovereignty, less social cohesion... more public deficit, more social misery...MORE IMPUNITY
Has he spoken to Ivanka and Jared?
you're the chosen one you do it
india
Vietnam, Cambodia... No, no, no, go back to Taiwan and Japan.
A very good advice.
Should that not have been the first thing to say before the fight?
How communist of the dear leader to give orders to CEOs.
What about South Korea? That's where I get my nail supplies. Oh and if you have a moment I have questions about DynCorp and their current customs contract. Given their history of human trafficking and criminal behavior. How do you know their CEO again?
Gloves are off
This is called biting the hands that feed the GOP
Idiot
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Source: Forbes - 🏆 394. / 53 Read more »
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