Donald Trump ordered US companies to leave China on Friday after launching another blistering attack on Federal Reserve chairman Jerome Powell, asking "Who is our bigger enemy, Jay Powell or Chairman Xi?". Moments after Federal Reserve chairman, Jerome Powell, warned the US central bank was facing a "New challenge" as it deals with the Trump administration's seesaw trade policies and ongoing dispute with China, Trump went on a Twitter rampage calling for a US boycott.
I won't let that happen! We don't need China and, frankly, would be far.... Donald J. Trump ....your companies HOME and making your products in the USA. I will be responding to China's Tariffs this afternoon.
I am ordering all carriers, including Fed Ex, Amazon, UPS and the Post Office, to SEARCH FOR & REFUSE,.... Trump said China had broken a promise to stop shipments of the synthetic opioid fentanyl from coming into the US and had ordered Amazon, FedEx and UPS to search shipments for the drug.
The president has no legal authority to compel US companies to leave China - one of the US's largest markets and trading partners.
The US dispute with China has shaken stock markets for months and now appears to be having wider ramifications for the US economy.
Trump, who has been a persistent critic of the Fed and Powell, once again lambasted the Fed chair after the speech was released.
Donald J. Trump As usual, the Fed did NOTHING! It is incredible that they can "Speak" without knowing or asking what I am doing, which will be announced shortly.
https://www.theguardian.com/business/2019/aug/23/fed-chair-jerome-powell-trump-trade-policies-new-challenge
I won't let that happen! We don't need China and, frankly, would be far.... Donald J. Trump ....your companies HOME and making your products in the USA. I will be responding to China's Tariffs this afternoon.
I am ordering all carriers, including Fed Ex, Amazon, UPS and the Post Office, to SEARCH FOR & REFUSE,.... Trump said China had broken a promise to stop shipments of the synthetic opioid fentanyl from coming into the US and had ordered Amazon, FedEx and UPS to search shipments for the drug.
The president has no legal authority to compel US companies to leave China - one of the US's largest markets and trading partners.
The US dispute with China has shaken stock markets for months and now appears to be having wider ramifications for the US economy.
Trump, who has been a persistent critic of the Fed and Powell, once again lambasted the Fed chair after the speech was released.
Donald J. Trump As usual, the Fed did NOTHING! It is incredible that they can "Speak" without knowing or asking what I am doing, which will be announced shortly.
https://www.theguardian.com/business/2019/aug/23/fed-chair-jerome-powell-trump-trade-policies-new-challenge
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