Trump blames companies impacted by his trade war
Source: Politico
President Donald Trump on Friday appeared to accuse companies of falsely claiming that they've been hurt by his escalating trade war with China, instead saying they're mismanaging their businesses.
If the Fed would cut, we would have one of the biggest Stock Market increases in a long time. Badly run and weak companies are smartly blaming these small Tariffs instead of themselves for bad management...and who can really blame them for doing that? Excuses! Trump wrote on Twitter Friday.
Trumps comments come just days before the U.S. is set to impose new tariffs on China in two rounds, with the first due to start on Sept. 1. The 10 percent tariff on approximately $112 billion of Chinese goods would likely raise prices for consumer items like electronics and shoes.
In one example of corporate America complaining about Trump's trade war, the Footwear Distributors and Retailers of America wrote a letter to the president this week stating that the planned tariffs would drive up costs for consumers.
Read more: https://www.politico.com/story/2019/08/30/donald-trump-china-trade-war-1479012
RockRaven
(15,019 posts)Most of them. Even after he beats them down and then blames them for the beating.
I'm pissed off that Trump's trade practices are harming workers and consumers, but the executive-suite class are crying crocodile tears... they personally benefit more from their tax cuts than they lose from the trade wars... and yet they cry "boo hoo!!!"
Well vote Democratic, you bastards! Or STFU and choke on your mammon!
B Stieg
(2,410 posts)on Sunday, they go up 15%! Sad!
HockeyMom
(14,337 posts)They are made in the US, but they don't go around advertising as such like overpriced New Balance does. They also are better quality than NB. Made in California and you will be supporting a BLUE State.
B Stieg
(2,410 posts)and your comments put me over the top! Thanx!
truthisfreedom
(23,159 posts)rpannier
(24,341 posts)Badly run and weak companies are blaming ... instead of themselves for bad management
Sound like trump describing his disastrous management of an airline, a wine, a university...
BumRushDaShow
(129,611 posts)multiple AC casinos and their bankruptcies.
Vinca
(50,313 posts)Darn mismanaged soybeans and corn.
Kaiserguy
(740 posts)we are stuck with. He never takes responsibility for any of the stupid and hateful things that he does just like all Republicans.
patphil
(6,225 posts)Also, he predictably takes credit for other people's achievements...probably because he has so few of his own.
What a dildo!
Note: a dildo is a mindless f**ker.
Patrick Phillips
bucolic_frolic
(43,342 posts)Is he going to bankrupt us all, raid the Federal Treasury, sell all Federal assets, seize the banking system and flee the country?
Response to TomCADem (Original post)
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JDC
(10,135 posts)Smartly blaming...instead of themselves....excuses!
His mind is like Swiss cheese.
Nay
(12,051 posts)all his life.
Get a clue, morons.
Firestorm49
(4,037 posts)Is criticizing businesses endangered by his egomaniacal and ill conceived bluster.
Hey, Trump, hows that casino thing working out for you? How about that great university? What about your charitable foundation? How about your stupid steak company? Need I go on?
The guy is a clown and actually has followers. WTF!
groundloop
(11,527 posts)Response to TomCADem (Original post)
Firestorm49 This message was self-deleted by its author.