Markets are tumbling after President Trump said he’s ordering American companies to immediately start looking for an alternative to their operations in China. Ali Velshi and Harvard professor of public policy and economics Ken Rogoff break down key recession indicators and how the trade war is tripping up our economy.
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Dow Drops As China Trade War Escalates | Velshi & Ruhle | MSNBC
‘Trade wars are easy to win.’ – Donald Trump
Guy can’t even comb his own hair, talking about trade wars….Jesus Christ.
@Sam Brenna There are many billionaires like him believe it or not that have tried and failed at many things…They learn from failure and continue to be successful..And again, you are saying you have extensive knowledge in foreign trade in a global economy and what would work best for America? Who exactly should he fire and then which people would be best to replace them?
@Sam Brenna For example like the Taj Mahal and Trump’s casinos of course.
@Sam Brenna Trump is not a globalist. The tax cut were mean to stimulate the investment of capital from foreign countries, held by the globalists. Its working. The market went up about 30% after Trump tax cuts. The globalists have to close in China and come back. The total tax colected will increase. Plus the border taxes will bring more money especially paid by China.
WIG ….😂😂
And then there’s always Russia
Donald is going FULL TRUMP! You never go full Trump.
@Antonio Montana crazy insanity works ….. lol
@Antonio Montana Many of his supporters don’t own passports, have never left the country and don’t have friends of color. When you don’t know anything past the population sign of your town let alone another culture this is tge result.
@Tom Maynard Even his comeback doesn’t make any sense. But I’m going to give him a sympathy like.
@Brian Thompson cultists only see your concern for their crazy as weakness. The lost souls are determined to drown in their own delusional sinkhole, and nothing gonna get in the way
Antonio Montana Bigot Dave voted for the trickle down lies when Reagan was screwing us. He learned NOTHING!
Are we tired of winning yet?
Are we winning?
@Ion John lol lol lol right…you mean “go away trump”…
The republican welfare ranchers aren’t doing so good. Don’t feel sorry for them, they voted for this stupidity. Probably more welfare on the way for them anyway.
It would be better to sell out to China like Joe Biden
@Ion John Russia and China is winning
Find out which Trump Family and Associates played a major Market Short today and watch how they pay back Donald Trump and/or his family for talking the Markets down.
Since Bill Clinton, the globalists rob the American people by moving the manufacturing in China and then selling back the goods in USA tax free, because China (and other countries as well) were exempt from taxes. Go in the mall and check the labels, everything is made in China. When Trump said China robbed usa about 500 billions, that only the Chinese share, no the globalists one. that’s the reason the media “hate” Trump, they are paid by the globalists!
Don’t forget the trillion dallor debt for tax cuts to the highest incomes that didn’t ‘pay for themselves’.
What happened to Russia
@KMAG 2020 keep making America great Russia is laughing all the way to the bank, the US is destabilized as they predicted when they helped trump get elected
@Dubjax 28 TDS TDS TDS
@KMAG 2020 keep making America great Dream on
23 trillion in debt
Think Americans are being conned everywhere
You need to support that bill somehow
How is the question?
I know steal somebody’s oil like the last time
America buying Greenland ? ,, By this time next year, the “For Sale” sign will be on the front lawn of America,
America has been for sale since the eighties.
it will be a foreclosure sign not a for sale sign ,,, China will start selling off the huge amounts of USA debt and the USA will truly become a 3rd world economy
Bankrupt USA could sell a few states to China to make the interest payment on their debt to China.
Pyro OneExSeven and Chinese buyer won’t be allowed, Jews gonna be owned the most of American, same as how they owned Hollywood Sports media and banking in America
By this time next year China will be eating their sneakers. Watch.
China is not hurting. Give me a break. Keep saying it, it might come true.
Of course they are. They export hundreds of billions of dollars more to the US then America exports to China. The uneven fair trade while unfairly taxing imports into China ( this includes most other nations including the US) is what built Chinas current status. Not to mention the fact they steal 700 billion in IP theft. China is dependent on thievery and the work and mistreatment of other nations. Essentially they are pulling themselves up our bootlaces.
I dont believe it that this is happening? China will never back down… they are good at waiting out for very long time… its people are used to living with minimum needs… Finally mr Trump has got into a powerful nation.. China is not Iran or NK or Iraq or Russia… now we will see the match…
I think you are right!
Trump is like Hitler in the bunker in 1944 right now. Totally isolated and crazy.
And strung out on amphetamine by a quack doctor. The parallels are numerous.
China is used to dealing and surviving in hard times. The people know how to survive on the very bare-bones minimum. Unlike the people of America. And Trump, doesn’t know how to form a proper and complete sentence as of late.
Those republican welfare ranchers are going to need more welfare.
I hope 40% of all Americans lose their jobs. The 40% who voted for Trump and who still support him. Now that would be karma.
DJT is an addicted doubling-down, all or nothing gambler. He said “all my life has been a bet”. Few such people win in life. Actually there are many of those among them who live in ruin, wretched lives. DJT is nearing his end. A pathological liar and racist, there is now blood in his hands. His rise to hold power of a superpower nation appears to have been the end of the line. Mueller said he can be tried after he is in the WH. And, of course he may be impeached before. Certainly his fall will be spectacular on world stage. And, that could be an example in human history and all societies. It will be well known around the world at in this easy and fast communication… serving a clear example of how to get rid of dictators through a fair and legal process applying the laws within the Constitution peacefully, under the rule of law, to get rid of DJT. A spectacular fall seems only appropriate for the criminal acts of a doubling-down gambler whose questionable and Machiavelli power grab was equally notorious and ominous, and unseen, in the USA.
Trump’s tweets on the federal reserve chairman and the other person from China is not going pretty well.
“China is hurting more than America”
Yes, because America paying more tax for 200 billion dollars worth of goods is definitely less painful than China paying more for 75 billion.
Great maths right there.
Stop talking recession. trump just broke the world economy. And as long as he is named trump, China will not be dealing with him at all.
Ha there’s many consequences for having trump lead the free world from Agriculture to Vladimir Xi ohhh Zillions of reasons
Karma taking down gop congress for silence on dystrumphy and no actions on protecting Americans.
This is called manipulation …😊