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TomCADem

(17,387 posts)
Sat Aug 31, 2019, 01:53 AM Aug 2019

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.

Trump’s 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

17 replies = new reply since forum marked as read
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RockRaven

(14,972 posts)
1. How many of these F-ing CEO-types are still Repuke supporters/donors/voters?
Sat Aug 31, 2019, 01:59 AM
Aug 2019

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!

 

HockeyMom

(14,337 posts)
12. Buy Sketchers
Sat Aug 31, 2019, 09:40 AM
Aug 2019

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)
16. Actually, I was planning on getting a pair of Skechers...
Sat Aug 31, 2019, 12:29 PM
Aug 2019

and your comments put me over the top! Thanx!

rpannier

(24,329 posts)
4. Let me make a quick adjustment here
Sat Aug 31, 2019, 04:07 AM
Aug 2019

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...

Vinca

(50,278 posts)
6. That'll make the farming community feel good. They aren't only farms, they're companies.
Sat Aug 31, 2019, 05:49 AM
Aug 2019

Darn mismanaged soybeans and corn.

Kaiserguy

(740 posts)
7. Oe thing about the usless President
Sat Aug 31, 2019, 05:55 AM
Aug 2019

we are stuck with. He never takes responsibility for any of the stupid and hateful things that he does just like all Republicans.

patphil

(6,182 posts)
17. Failing to take responsibility for failure is the only thing you can be sure he will do.
Sat Aug 31, 2019, 03:41 PM
Aug 2019

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

(43,181 posts)
8. His mind is running inverse to logic and reality these days
Sat Aug 31, 2019, 06:38 AM
Aug 2019

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)

JDC

(10,129 posts)
10. He is absolutely batshit crazy.
Sat Aug 31, 2019, 09:20 AM
Aug 2019

Smartly blaming...instead of themselves....excuses!

His mind is like Swiss cheese.

Nay

(12,051 posts)
11. This is so perfect. I love it. He's accusing other companies of doing what he has done
Sat Aug 31, 2019, 09:23 AM
Aug 2019

all his life.

Get a clue, morons.

Firestorm49

(4,035 posts)
13. What a joke. The guy who couldn't run a lemonade stand.......
Sat Aug 31, 2019, 10:33 AM
Aug 2019

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!

Response to TomCADem (Original post)

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