President Trump Puts Multinational Corporations on Notice: ‘Start Looking for an Alternative to China’
President Donald Trump is rapidly escalating his trade war with China, and drawing a line in the sand for multinational corporations.
He laid down the gauntlet in a series of tweets from earlier today:
Our Country has lost, stupidly, Trillions of Dollars with China over many years. They have stolen our Intellectual Property at a rate of Hundreds of Billions of Dollars a year, & they want to continue. I won’t let that happen! We don’t need China and, frankly, would be far….
— Donald J. Trump (@realDonaldTrump) August 23, 2019
….better off without them. The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP. Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing..
— Donald J. Trump (@realDonaldTrump) August 23, 2019
….your companies HOME and making your products in the USA. I will be responding to China’s Tariffs this afternoon. This is a GREAT opportunity for the United States. Also, I am ordering all carriers, including Fed Ex, Amazon, UPS and the Post Office, to SEARCH FOR & REFUSE,….
— Donald J. Trump (@realDonaldTrump) August 23, 2019
….all deliveries of Fentanyl from China (or anywhere else!). Fentanyl kills 100,000 Americans a year. President Xi said this would stop – it didn’t. Our Economy, because of our gains in the last 2 1/2 years, is MUCH larger than that of China. We will keep it that way!
— Donald J. Trump (@realDonaldTrump) August 23, 2019
Trump’s strong words had an immediate impact on the stock market today, as it fluctuated downward as a result. Globalist lobbying groups like the National Retail Federation and the Chamber of Commerce are particularly perturbed and sounding the alarm about Trump’s demands from the capitalist class.
“The U.S. Chamber has been on the front lines of efforts to resolve these challenges through negotiation and encouraging tough action by the United States government,” wrote Myron Brilliant, Executive Vice President and Head of International Affairs for the U.S. Chamber.
“Despite our concerns, the 40-year old trade relationship between our two countries has been for the most part productive, constructive, and mutually beneficial. U.S. companies have been ambassadors for positive changes to the Chinese economy that continue to benefit both our people,” Brilliant added.
“For years, retailers have been diversifying their supply chains, but finding alternative sources is a costly and lengthy process that can take years,” said National Retail Federation senior vice president for government relations David French in a statement. “It is unrealistic for American retailers to move out of the world’s second largest economy, as 95 percent of the world’s consumers live outside our borders.”
Trump does not share the point of view with the corporate lobbyists, and wants multinational corporations to back him as he works to pull the American economy from China’s death grip.
The nation can not be great again without companies fully on board about putting America first. Economic patriotism is key, as FOX News commentator Tucker Carlson has explained on his titular TV show.
Here’s what @TuckerCarlson last night extensively quoting and praising @ewarren‘s economic plan, contrasting it with the inability of the GOP to defend US workers because they’re in servitude to the Koch Brothers, corporatism & libertarian economic theory pic.twitter.com/QljYNBonFc
— Glenn Greenwald (@ggreenwald) June 6, 2019
Trump and Carlson are correct. Corporations and companies must serve the American worker, not vice versa. It’s come time to pick a side, and either stand with the U.S. or stand with the ruthless Chinese communists.
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