Wow, I bet the stock Market is going to love this one............
Is the GOP & their handlers going to let him go this far??
As always happens, the great deal maker FAILS to con/manipulate & persuade so he moves to FORCE HIMSELF ON AMERICAN CAPITALISM
BIARRITZ, France -- President Trump asserted on Saturday that he has the authority to make good on his threat to force all American businesses to leave China, citing a national security law that has been used mainly to target terrorists, drug traffickers and pariah states like Iran, Syria and North Korea.
As he arrived in France for the annual meeting of the Group of 7 powers, Mr. Trump posted a message on Twitter citing the International Emergency Economic Powers Act of 1977, a law originally meant to enable a president to isolate criminal regimes not sever economic ties with a major trading partner over a tariff dispute.
"For all of the Fake News Reporters that don't have a clue as to what the law is relative to Presidential powers, China, etc., try looking at the Emergency Economic Powers Act of 1977," Mr. Trump wrote. "Case closed!"
The president's threat to all but cut off one of America's most important trading relationships could disrupt a global economy already on the edge of recession amid his trade war while further unsettling giant companies in the United States that rely on China in their production and sale of everything from clothing to smart telephones.
Last edited by Bill; 08-24-2019 at 12:04 PM.
"There is no question former President Trump bears moral responsibility. His supporters stormed the Capitol because of the unhinged falsehoods he shouted into the world’s largest megaphone," McConnell wrote. "His behavior during and after the chaos was also unconscionable, from attacking Vice President Mike Pence during the riot to praising the criminals after it ended."
Yep. The only thing missing to make it legally enforceable ... is a deadline.
Sanctions are not unprecedented.
"I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy. I mean, that's a storybook, man."
— Joe Biden on Obama.
Socialism is just the modern word for monarchy.
D.C. has become a Guild System with an hierarchy and line of accession much like the Royal Court or priestly classes.
Private citizens are perfectly able of doing a better job without "apprenticing".
Earl (08-26-2019), Truth Detector (08-26-2019)
christiefan915 (08-24-2019), Guno צְבִי (08-24-2019)
No rush.....if these US companies keep hemorrhaging money in China their Asian junket will be shorted lived. Money talks, bullshit walks.
Earl (08-26-2019), Truth Detector (08-26-2019)
Althea (08-25-2019), Guno צְבִי (08-24-2019)
"I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy. I mean, that's a storybook, man."
— Joe Biden on Obama.
Socialism is just the modern word for monarchy.
D.C. has become a Guild System with an hierarchy and line of accession much like the Royal Court or priestly classes.
Private citizens are perfectly able of doing a better job without "apprenticing".
Truth Detector (08-26-2019)
"I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy. I mean, that's a storybook, man."
— Joe Biden on Obama.
Socialism is just the modern word for monarchy.
D.C. has become a Guild System with an hierarchy and line of accession much like the Royal Court or priestly classes.
Private citizens are perfectly able of doing a better job without "apprenticing".
Truth Detector (08-26-2019)
Althea (08-25-2019)
No such thing. It was the American companies that moved to China, lock, stock and intellectual property for cheap unprotected labor and no environmental regulations. The corporations are not moving unless it is cheaper elsewhere. http://www.jiesworld.com/internation...s_in_china.htm You think these American companies are attacking America?
Trump makes his overpriced trinkets in China and 3rd world nations. He would be exempt.
Long ago corporations saw that China is the marketplace of the future. There have 1.5 billion people to sell crap to. Americans already own too much junk. China has a bunch of blank slates to fill in.
Not a relevant law,and it would impractical to try to force companies out of China.
Just keep doing what we are doing -China will run out of time, but it could go to the election
Truth Detector (08-26-2019)
"I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy. I mean, that's a storybook, man."
— Joe Biden on Obama.
Socialism is just the modern word for monarchy.
D.C. has become a Guild System with an hierarchy and line of accession much like the Royal Court or priestly classes.
Private citizens are perfectly able of doing a better job without "apprenticing".
Truth Detector (08-26-2019)
Is Trump the same guy who claimed he would build a Wall,and that Mexico would pay for the Wall.
Tie Your 'roo down Mate
PoliTalker (08-24-2019)
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