Can Trump order US companies to stop working with China?

Can Trump order US companies to stop working with China?


>>Chris: JOHN ROBERTS REPORTING FROM THE G7 IN FRANCE. THANKS FOR THAT. JOINING US NOW FOR AN EXCLUSIVE INTERVIEW FROM THE SUMMIT, TREASURY SECRETARY STEVEN MNUCHIN. MR. SECRETARY, I WANT TO ASK YOU FIRST ABOUT THE PRESIDENT’S COMMENT THIS MORNING THAT HE HAS SECOND THOUGHTS ABOUT THE TRADE ONE WITH CHINA, WHICH SET OFF SOME CONFUSION, WHICH I HOPE YOU WILL CLEAR UP, WHICH IS IT? IS HE REGRETTING HOW FAR THE TRADE WAR HAS GONE? IS HE THINKING ABOUT HOLDING OFF ON ANOTHER ROUND OF TARIFFS, OR DOES HE WISH HE BEEN EVEN MORE AGGRESSIVE?>>Secretary Mnuchin: WELL, CHRIS, IT’S GREAT TO BE HERE WITH YOU. THE PRESIDENT IS DETERMINED TO HAVE FAIR AND RECIPROCAL TRADE WITH CHINA IN THIS MORNING’S COMMENT WAS MEANT TO SAY THAT HE’S DETERMINED AS EVER ON THIS ISSUE. HE WANTS A GOOD DEAL. HE WANTS FREE, FAIR, AND RECIPROCAL TRADE.>>Chris: PRESIDENT TRUMP TWEETED THIS ON FRIDAY ABOUT AMERICAN BUSINESSES, I WANT TO PUT IT UP ON THE SCREEN. “OUR GREAT AMERICAN COMPANIES ARE HEREBY ORDERED TO IMMEDIATELY START LOOKING FOR AN ALTERNATIVE TO CHINA, INCLUDING BRINGING YOUR COMPANY’S HOME AND MAKING OUR PRODUCTS IN THE USA.” MR. SECRETARY, IS THE PRESIDENT ORDERING U.S. COMPANIES TO STOP DOING BUSINESS WITH CHINA AND IF SO, UNDER WHAT AUTHORITY?>>Secretary Mnuchin: WELL, HE WOULD HAVE THE AUTHORITY TO DO THAT IF HE DECLARED AN EMERGENCY. HE HAS NOT DONE THAT. I THINK WHAT HE WAS SAYING IS HE’S ORDERING COMPANIES TO START LOOKING BECAUSE HE WANTS TO MAKE SURE TO THE EXTENT WE ARE IN AN EXTENDED TRADE WAR THAT COMPANIES DON’T HAVE THESE ISSUES AND MOVE OUT OF CHINA AND WE WANT THEM TO BE IN PLACES WHERE THEY ARE TRADING PARTNERS THAT RESPECT US AND TRADE WITH US FAIRLY.>>Chris: I WANT TO JUST PUSH DOWN ON US A LITTLE BIT BECAUSE THE PRESIDENT CLAIMS HE DOES HAVE AUTHORITY ON SOMETHING CALLED THE EMERGENCY ECONOMIC POWERS ACT PASSED IN 1977, HERE HE IS ON FRIDAY NIGHT.>>WHILE IN 1977 WE HAD AN ACT PASSED, A NATIONAL EMERGENCY — WE WILL SEE HOW THAT GOES BUT I HAVE THE ABSOLUTE RIGHT. 1977, CHECK IT OUT.>>Chris: BUT THERE ARE A COUPLE OF PROBLEMS HERE, MR. SECRETARY. FIRST OF ALL, AS YOU POINTED OUT THE PRESIDENT HAS TO DECLARE A NATIONAL EMERGENCY, WHICH HE HASN’T. SECONDLY, THE ACT ONLY BLOCKS AMERICAN COUNTRIES SENDING FUTURE FUNDS, NOT PAST INVESTMENTS. AND ALSO IN THE PAST OF THE LAST 42 YEARS HAS ONLY BEEN USED TO STOP BUSINESSES WITHOUT LAW NATIONS OR WITH DRUG DEALERS, NOT WITH TRADING PARTNERS. SO IS THIS REALLY A REALISTIC OPTION FOR THE PRESIDENT?>>Secretary Mnuchin: THE PRESIDENT HAS LOTS OF OPTIONS. AND AGAIN, OUR FIRST CHOICE IS TO HAVE FAIR AND RECIPROCAL TRADE. THE REASON WHY WE PUT ON TARIFFS IS FOR THE LAST TWO AND A HALF YEARS WE’VE BEEN WORKING WITH CHINA TO REBALANCE THE TRADING RELATIONSHIP AND IT HASN’T REBALANCED. THE TRADE DEFICIT HAS GROWN SIGNIFICANTLY DESPITE ASSURANCES FROM CHINA THAT WE WOULD IMPROVE THIS. AS YOU KNOW, WHEN WE WERE CLOSE TO A DEAL, THE PRESIDENT WAS HAPPY AND THEY BACKED OFF OF THAT. SO THE PRESIDENT DOES HAVE LOTS OF AUTHORITIES. YOU KNOW WE USE THESE AUTHORITIES SUCCESSFULLY WITH MEXICO ON CERTAIN ISSUES THERE. WE NOW ARE CLOSE TO HAVING TO FLEE USMCA PAST. A TERRIFIC MEETING WITH CANADA TODAY ON THIS AND WE’RE LOOKING FORWARD TO GETTING THAT AGREEMENT PAST.>>Chris: SO JUST TO THIS UP, THE PRESIDENT FULLY INTENDS TO IMPOSE THE NEXT ROUND OF SANCTIONS AS HE’S ANNOUNCED ON SEPTEMBER 1ST UNLESS THERE IS SOME BREAK IN THE NEGOTIATIONS?>>Secretary Mnuchin: ABSOLUTELY. AND TO THE EXTENT THAT THE CHINESE RESPOND AGAIN, YOU CAN ASSUME THE PRESIDENT WILL CONSIDER ALL HIS OPTIONS.>>Chris: I WANT TO ASK YOU ABOUT ANOTHER TWEET FROM THE PRESIDENT ON FRIDAY, LET’S PUT THIS UP ON THE SCREEN. THE ONLY QUESTION IS, WHO IS OUR BIGGER ENEMY, JAY POWELL, THE HEAD OF THE FEDERAL RESERVE, OR THE PRESIDENT OF CHINA? QUESTION, DOES THE PRESIDENT REALLY REGARD THE CHAIRMAN OF THE FEDERAL RESERVE, WHOM HE APPOINTED, TO BE AN ENEMY OF THE COUNTRY AND I GUESS A LARGER QUESTION, WHICH IS WITH ALL OF THESE STATEMENTS FROM THE PRESIDENT, ALL OF THESE TWEETS, HOW SERIOUSLY, HOW LITERALLY SHOULD WE TAKE WHAT THE PRESIDENT SAYS HE MET>>Secretary Mnuchin: WELL, LET ME FIRST COMMENT ON THE PRESIDENT SHE SIDE OF THIS. I WAS WITH PRESIDENT TRUMP TODAY AND HE WAS VERY CLEAR THAT PRESIDENT XI IS STILL HIS FRIEND, HE HAS A VERY GOOD RELATIONSHIP WITH PRESIDENT XI. WE WORKED ON LOTS OF DIFFERENT THINGS TOGETHER, BUT AS IT RELATES TO FINANCIAL ISSUES AND TRADE, WE HAVE BECOME ENEMIES. WE ARE NOT MAKING PROGRESS. BUT THIS WAS NOT INTENDED TO SEND A MESSAGE THAT PRESIDENT XI IS HIS ENEMY IN THE SENSE OF ALL THESE DIFFERENT AREAS AND THE OTHER THING I WOULD SAY IS WE ARE VERY HOPEFUL THAT THERE WILL BE A HUMANE SOLUTION IN HONG KONG. WE ARE OBVIOUSLY WATCHING WHAT’S GOING ON THERE. THE PRESIDENT AGAIN REITERATED HE THINKS THAT PRESIDENT XI SAT DOWN WITH THE PROTESTERS, HE COULD GET THIS OVER WITH IN A FEW HOURS, SO WE ARE HOPEFUL THAT THERE WILL BE CALM IN HONG KONG.>>Chris: LET ME PICK UP ON THAT. IF THERE ISN’T, IF THE CHINESE WERE TO CRACKDOWN AS THEY DID IN TIANANMEN SQUARE IN 1989, WHAT IMPACT WILL THAT HAVE ON U.S. RELATIONS WITH CHINA?>>Secretary Mnuchin: ARE NOT GOING TO SPECULATE BECAUSE THAT’S NOT THE OUTCOME WE ARE HOPING FOR. THE OUTCOME WERE HOPING FOR IS A PEACEFUL OUTCOME. I THINK YOU KNOW THERE WAS A DEAL WITH THE U.K. ONE HONG KONG WAS TRANSFERRED OVER. WE WOULD EXPECT CHINA TO MEET THAT DEAL. AND IT’S SOMETHING WE HOPE THEY RESPECT THE LAWS AND THEY RESPECT WHAT’S GOING ON THERE BUT PRESIDENT TRUMP IS HOPING THERE WILL BE A HUMANE SOLUTION THERE.>>Chris: SO YOU WERE AT PAINS TO SAY CHAIRMAN SHE IS NOT AN ENEMY OF THE COUNTRY, BUT YOU DIDN’T SAY THE SAME ABOUT FED CHAIRMAN POWELL.>>Secretary Mnuchin: REALLY I WANTED TO FIRST COMMENT ON PRESIDENT XI. ON POWELL I THINK — I DON’T THINK IT WAS A LITERAL COMMENT THAT HE IS AN ENEMY, BUT YOU KNOW MY POSITION ON THE FED IS THAT I DON’T MAKE SPECIFIC COMMENTS ABOUT THE FED. I MEET WITH CHAIRMAN POWELL WEEKLY AND AS MY ROLE AS TREASURY SECRETARY, I DON’T COMMENT SPECIFICALLY ON THE FED.>>Chris: BUT THIS DOES BRING UP THE BIGGER QUESTION, WHICH I DO WANT YOU TO ADDRESS. FOR AMERICANS, WHETHER JUST PEOPLE, PEOPLE INVESTING, CEOs, WHEN THE PRESIDENT SAYS SOMETHING, HOW SERIOUSLY, HOW LITERALLY SHOULD WE TAKE IT?>>Secretary Mnuchin: I THINK MOST OF THE TIME YOU SHOULD TAKE IT VERY LITERALLY. I THINK SOMETIMES HE SAYS THINGS THAT ARE MEANT TO BE A JOKE. OBVIOUSLY THE COMMENT RECENTLY ON THE CHOSEN ONE, THAT WAS SAID TONGUE-IN-CHEEK. IF THAT WASN’T MEANT TO BE A SERIOUS COMMENT. I THINK MOST PEOPLE KNOW THE PRESIDENT IS SERIOUS ABOUT CHINA AND TRADE, SO PEOPLE SHOULD UNDERSTAND THAT. HE IS VERY DETERMINED. HE’S TRYING TO CORRECT SOMETHING THAT’S GONE ON FOR THE LAST 20 YEARS, BUT WE HAVE A VERY UNFAIR TRADING RELATIONSHIP THAT’S BEEN A TREMENDOUS DISADVANTAGE TO U.S. COMPANIES AND U.S. WORKERS. AND HE’S WORKING HARD TO REBALANCE THAT.>>Chris: WHEN CHAIRMAN POWELL SPOKE AT THAT FED CONFERENCE OUT IN WYOMING ON FRIDAY, HE SAID ONE OF THE GREATEST HEADWINDS THAT HE AND THE ECONOMY ARE FACING ARE THE PRESIDENT’S TRADE POLICIES. IN FACT, THERE ARE A NUMBER, AND I THINK WE COULD ALL AGREE, THERE ARE A NUMBER OF SIGNS OF STRENGTH IN THE ECONOMY, ESPECIALLY JOBS, ESPECIALLY GDP GROWTH, AT LEAST SOLID SIGNS OF STRENGTH, BUT THERE ARE SOME CONCERNS AND I WANT TO ASK YOU ABOUT THOSE. GROWTH OF BUSINESS INVESTMENT DROPPED FROM 9% LAST YEAR TO 1.4% NOW IN THE MANUFACTURING SECTOR HAS CONTRACTED FOR THE FIRST TIME SINCE 2009. SECRETARY MNUCHIN, MANY FINANCIAL EXPERTS SAY ONE OF THE BIGGEST HEADWINDS THAT THEY NOW FACE AS COMPANIES DECIDING WHETHER TO INVEST MORE INVESTORS DECIDING WHETHER TO PUT MORE MONEY IN THE STOCK MARKET, IS UNCERTAINTY ABOUT ADMINISTRATION POLICIES AND THAT THAT UNCERTAINTY IS A MUCH BIGGER PROBLEM THAN WHETHER OR NOT THE FED SHOULD DROP INTEREST RATES 100 BASIS POINTS OR 1%.>>Secretary Mnuchin: LET ME FIRST COMMENT THAT THE SINGLE BIGGEST THING THAT EVERYBODY IS TALKING ABOUT HERE IN FRANCE IS THE U.S. ECONOMY. IF THE BRIGHT SPOT IN THE WORLD. WE HAVE GROWTH. PEOPLE ARE NOT TALKING ABOUT DOING TAX CUTS AND CUTTING REGULATIONS IN EUROPE, SO PEOPLE ARE LOOKING AT THE TRUMP ECONOMIC POLICIES AND WANTING TO REPLICATE THEM, BECAUSE THAT’S THE REASON WE HAVE ALL THIS GROWTH. SECOND ISSUE I’D SAY IS THE CONSUMER IS VERY, VERY STRONG. WE ARE SEEING THAT ACROSS THE BOARD AND THE THIRD ISSUE I WOULD SAY IS ON THESE OTHER STATISTICS I THINK YOU’VE GOT TO LOOK AT THEM QUARTERLY. THERE IS A BUNCH OF VOLATILITY. AT THE END OF LAST YEAR PEOPLE WORRY ABOUT THE ECONOMY SLOWING DOWN BASED UPON SOME NUMBERS AND THEN THE NUMBERS CAME OUT IN THE BEGINNING OF THIS YEAR AND IT WAS CLEAR THE ECONOMY WAS ROARING BACK. AND AS IT RELATES TO UNCERTAINTY, THERE’S ONLY ONE AREA, AND THAT’S TRADE. WE ARE CLOSE TO HAVING A MAJOR ANNOUNCEMENT WITH JAPAN. WE EXPECT TO HAVE USMCA PASSED IN THE NEXT MONTH OR TWO. THAT’S GOING TO ADD A SIGNIFICANT AMOUNT TO U.S. GROWTH AND GROWTH IN MEXICO. AND IN CANADA, WE HAD THE KOREA DEAL DONE. IF THERE’S THREE OR FOUR OTHER MAJOR AGREEMENTS THAT THE AMBASSADOR IS WORKING ON. SO THESE TRADING RELATIONSHIPS ARE GOING TO ADD SIGNIFICANTLY TO GROWTH AND WE ARE STILL SOMEWHAT HOPEFUL THAT CHINA WILL COME AROUND AND ENTER INTO A FAIR, GOOD DEAL WITH US.>>Chris: LET ME JUST PUSH BACK A LITTLE BIT ON THE IDEA THAT THE ONLY CONCERN IS TRADE. BECAUSE THE PRESIDENT HAS FLIPPED ON A FEW ISSUES. FOR INSTANCE, TARIFFS AND TAXES IN RECENT DAYS AND I WANT TO PLAY SOME OF HIS CONTRADICTORY STATEMENTS. SPEAK OF THE TARIFFS ARE NOT BEING PAID FOR BY OUR PEOPLE, IT’S BEING PAID FOR BY CHINA. WE DO IT FOR THE CHRISTMAS SEASON, JUST IN CASE SOME OF THE TARIFFS WOULD HAVE AN IMPACT ON U.S. CUSTOMERS.>>PAYROLL TAXES SOMETHING THAT WE THINK ABOUT AND A LOT OF PEOPLE WOULD LIKE TO SEE THAT.>>ARE NOT LOOKING AT A TAX CUT NOW, WE DON’T NEED IT, WE HAVE A STRONG ECONOMY.>>Chris: THE ISSUE IS WHETHER OR NOT — YOU CAN SEE THIS WIDELY. I’M SURE YOU’VE READ IT TOO, SECRETARY, WHETHER THIS ADMINISTRATION HAS A STEADY PATH TO KEEP US OUT OF RECESSION. AND THE QUESTION I GUESS I HAVE FOR YOU IS AS THE MARKETS OPEN ON MONDAY AFTER FALLING 600 POINTS IN JUST A FEW HOURS ON FRIDAY, WHAT DO YOU HAVE TO SAY TO THAT?>>Secretary Mnuchin: CHRIS, FIRST OF ALL, WE DON’T SEE A RECESSION ON THE HORIZON. I DON’T THINK THE YIELD CURVE REFLECTS A DISSENT RECESSION. I THINK THE YIELD CURVE REFLECTS THE FACT THAT IT ANTICIPATES THE FED IS GOING TO LOWER SHORT-TERM RATES. AND THE LONG AND HAS ALREADY REFLECTED THAT. IF THAT’S THE THING. THE SECOND THING ON TARIFFS, THE REASON WHY THE PRESIDENT DECIDED TO DELAY 150 BILLION OF TARIFFS WAS BECAUSE U.S. COMPANIES HAD ALREADY PURCHASED THOSE GOODS FOR HOLIDAY IN U.S. DOLLARS, SO IT WAS A VERY SPECIFIC SITUATION THAT HAD NOTHING TO DO WITH PASSING ON OR NOT PASSING ON — THOSE HAD BEEN PERMITTED TO PRIOR TO THE TARIFFS GOING INTO EFFECT AND THAT’S SOMETHING WE WANTED TO DO AS IT RELATES TO HOLIDAY. AS IT RELATES TO PRICES GOING UP, GOING FORWARD WE HAVE SEEN CHINA DEPRECIATE THEIR CURRENCY. THAT’S GOING TO MEAN THAT A SIGNIFICANT AMOUNT OF THE TARIFFS ARE PAID FOR BY CHINA. IF WE HAVEN’T ANY INFLATION YET. WE HAVEN’T SEEN PRICES GO UP. WE WILL HAVE SOME EXCEPTIONS FOR THE RARE CIRCUMSTANCES WHERE WE HAVE PROBLEMS AND THE AMBASSADOR IS RUNNING THAT. SO I DON’T THINK THERE’S ANY MISCHARACTERIZATION ON THE TERRACE ISSUE. AND I’D BE HAPPY TO COMMENT ON THE TAX ISSUE IF YOU WANT AS WELL.>>Chris: WE ARE OUT OF TIME. BUT THAT’S ONLY A BETTER REASON FOR YOU TO COME BACK WHEN YOU’RE BACK IN HIS COUNTRY AND SET ACROSS THE DESK FROM US AND WE WILL HAVE A CONVERSATION. SECRETARY MNUCHIN, THANK YOU, THANKS FOR TAKING TIME FROM THE SUMMIT TO SPEAK WITH US AND WE

100 thoughts on “Can Trump order US companies to stop working with China?

  1. We need to have an equal trade policy with China. If they buy 1 million from the US then they can sell 1 million in the US. ANYTHING ELSE IS NOT FAIR TRADE!!!!

  2. President Trump is a fantastic business MAN! If the democrats would stop harassing him, imagine what he could do Then!! Despite the harassment he continues to MAKE AMERICA GREAT AGAIN and the democrats are jealous!!Trump 2020!!!

  3. We have seen result how president Trump grow his company. We have seen his many many good result on running our country. Trust and support him with your prayer. God will make America great through his administration. See him as a FATHER in our BIG FAMILY (USA). He has been working hard for his country. He is the most transparent and sincere man. He walk his talk.

  4. CHINA IS A ENEMY PERIOD! BUT POWELL, HES NOT ENEMY, BUT HE HAS TO UNDERSTAND THAT, AMERICA NEEDED TO BE FIXED, BECAUSE OBAMA HES DONE NOTHING IN THIS COUNTRY, HE MADE AMERICA POOR AND POORER, WE ARE STRUGGLING LOOKING FOR A JOB'S BECAUSE OF OBAMA! WHAT A WASTE WHAT HES DONE FOR 8 YEARS! HES DONE NOTHING FOR AMERICA AND AMERICANS LIVES!

  5. get this fckn hack "journalist" off of TV. what in the heck kinda question was that?? sometimes i can't believe the level of hackery i witness in fox news. this wallace chump wants war or something. the mask falls off

  6. Wow, team red is gonna be real disappointed when this trade war crashes the economy and we elect bernie. You guys need principles. Start with limited government and ending the fed.

  7. I have a small company and I buy Chinese goods and will continue to do so. No self imagined emperor will tell me otherwise.

  8. If you need to know whether Trump is being serious or hyperbolic, just look at the darn context. People need to stop relying on video clips for their news.

  9. I can't believe our leaders were so weak on China. Or paid off! If China is guilty, then they need to be out of US all together.

  10. Wallace is a full blown Leftist, raised by a Leftist, what a disgrace to Fox news, just another reason I dropped their programming.

  11. The Child Trump is trying to use his position to make money for his business. This is totally illegal under the constitution even though he said it was his people who came up with the idea. If that's the case tell us the names of those who are encouraging you to break the law. Trump couldn't care less about America he just wants to make money on the back of his position. This is his opportunity to get the Moscow Trump tower and other deals for his business before he leaves office. His company is bleeding money because the Trump name is now toxic in the business world….a good liar needs a good memory, his memory is scrambled. Republicans are on the wrong side of history with this guy, and will be blamed for remaining silent whilst our country is ripped apart by racism, hate, lies and his self greed. I will never vote Republican again, I am ashamed to have voted for him.

  12. Wallace is only concerned with his own investments. I have never heard this freak ask a positive question or comment on trump.

  13. Chris, re whether to take Trump's comments seriously or not, are you not familiar with the Q playbook? LEARN THE COMMS!!

  14. Hey look it's chris "fredo" cuomo and "run up my leg" Matthew's brother. Just as annoying and just as much of an SJW/protestor. I agree with the comment below,,,the only way I can even partially watch is for the comments.👍🏼👍🏼

  15. How in the hell did I get a Chris's Wallace video up on my screen. I couldn't stand his father and his son is a national embarrassment. Not that his dad was a Saint, far from it. As I never been able to endorse their brand of progressive politics.

  16. People are criticizing Chris Wallace and those criticisms are valid. It is good to see the other side of things. What’s better is how he was successfully rebutted on each issue.

  17. Hey Chris, when asking your questions… think about the long term effect and not the "how will markets react on Monday". This has taken over 20 years to get this bad and it will take some time to get better, but the sooner it gets better, the sooner the markets will be better and it will be a long term improvement.

  18. Why are we allowing so much of our economy go to China? Ever since the Clintons the Chinese and U.S corporations have been taking advantage of our nation and its workers. It’s good to see one of our leaders actually put a stop to it or at least even it out. I wouldn’t care who was doing it, I would have supported Obama had he taken on the cheating, thieving Chinese.

  19. Wow! Trump totally tanking the booming economy he inherited from President Obama! Plummeting stock market, terrible job numbers, disastrous trade wars etc! He’s running the country just like his many failed businesses and 7 bankruptcies!!!

  20. he Great Deceiver blows it again: "China called last night our top trade people and said, ‘Let’s get back to the table.’ Trump said from Biarritz. “This is a very positive development for the world. I think we are going to have a deal.” Indeed, that would be a positive development for the world, if it had actually happened. But according to Chinese Foreign Ministry spokesman Geng Shuang, the phone calls did not in fact take place.”

  21. “Somebody had to do it,” the president said. He added, while looking to the heavens: “I am the Chosen One.” Yes he is, Chosen by Vladimir Putin.

  22. U.S. farmers, have been among the hardest hit in the year-long trade war between the world’s two largest economies. Shipments of soybeans, the most valuable U.S. farm export, to top buyer China sank to a 16-year low in 2018. Trump fails again.

  23. The REAL news fake fox never reports“It’s really, really getting bad out here,” said Bob Kuylen, who’s farmed for 35 years in North Dakota.
    “Trump is ruining our markets. No one is buying our product no more, and we have no markets no more.”

  24. Real question….; why when Trump tweets something, the white house has to go behind him and say " well this is what he meant" .?? Seriously . I want to know why the president does lie all the time … Example: he said at the g7 summit he couldn't be at meeting on climate change cause he was busy meeting with German and another leader ,, but they were at that meeting … Second: when he says he had two calls with China and they want to sit back at table with trade, but they did not call him .. ??? So please without attacking, tell me why he does this and if it's OK or wrong …

  25. It doesn't matter. When the tariffs kick in, the prices go up, the companies here will slow down purchasing. End of question. The rest of this report is moot.

  26. cheap losers bashing China online but keep buying chinese products in reality.
    Dare u swear wont buy chinese products anymore? ok, just for one year. any one?
    just cheap talkers

  27. I can't stand watching two-faced Wallace. He was all for Hillary. He supports the left, and their movement toward overthrowing the US government. In other words he is essentially a Treasonist and a Traitor.

  28. Reading these comments is like reading a conspiracy site ..how many of you bozos use godlike productions or abovetopsecret ? 😂😂

  29. what happened in hong kong is just minimized landscape of Chinese mainland,regime rig everyone and everything

  30. He didn't say he has second thoughts. I saw what he said, stop taking his words out of context. What you fake news puppets won't tell the audience is how President Donald Trump a little while before that said he is still firm on China, and he has not changed his mind. This selective fake news is disgusting.

  31. I've been boycotting China products ever since the tariff wars started with China. I'd rather spend a couple of dollars more on U.S. products. It will be worth it later.

  32. Xi is smarter than Trump. Tougher too. A stone cold killer.
    The U.S. debt to China is $1.11 trillion as of May 2019. That's about 5% of the total debt.

  33. Wallace you equal a piece of s*** f*** you never have nothing good to say you're a piece of s*** Wallace equals s*** f*** you Wallace

  34. Who the hell is Wallace to criticise Trump's effective approach to China. America to Wallace: sit down and shut up. If you watch carefully you might learn something. ..

  35. Yes, I believe Trump's "chosen one" statement was tongue in cheek for Dems and non-supporters. But it had double meaning. There was subtext that some would miss. He's dog whistling to his base because they, especially the Qanon folks, are setting him up as like a messianic figure. They have for over 2.5 yrs. I warned my Mom about it about 2 yrs ago since she's one of those supporters and she blew me off. Now she's all in with the Qanon people and believes all these conspiracies, etc. And they, being mentally vulnerable and already setting him up as a messianic figure, will hear that dog whistle and come running. They will get it and I'm afraid that they will get worse, not better.

  36. Omg Chris Wallace's voice is so annoying, it sounds like his boyfriend is giving him a blow job and humming as loud and as hard as he can while squeezing Chris's balls and Chris sounds like he does the news while that is happening to him! It sounds like his voice is vibrating from the humming and painful stutter when doing the news and has that scared tone like he's afraid someone is going to catch him!

  37. Trump worshipers can't handle news anchors. They only like right wing opinion hosts like Hannity who work for Trump.

  38. This is funny. Costco just opened a first store in China. They plan to open many more. This will tick Trump off.

  39. As usual brainless Americans are eating up the propaganda. Learn your history. China's development was and is an intentional plan . Conceived and implemented under Nixon , The CFR led brainchild of Rockefeller, Kissinger and the top US corporations. They have built fortunes, Americans have built their boggyman / enemy … Now the stage is set. bye bye American pie.

  40. So… GOP supporters you attack the guy whom is reporting the news aka facts. On a channel you all worship. But you want to fire the three or so reporters whom tell you the truth aka facts? How sick and loss can your party be?

  41. President can do whatever he wants and say what he wants. HE IS OUR BOSS!!!!! AT LEAST HE IS WORKING FOR THE GOOD OF OUR COUNTRY!!!! AT LEAST HE IS TRYING ARE YOU???

  42. The USA is still a relatively free country and Trump has powers ascribed to him by the Constitution. He can't "order" companies to do anything regardless of what the "Munchkin" states. Trump is wrong about the 1977 law as it is limited and he cannot exceed those limits. Time for the false and would be dictator president to go back to NY and face the music.

  43. We can do whatever it's a free country. we don't need to ask for permission, he is the president of the United States. He has every right no buts

  44. The very idea that he would need to make such a request demonstrates the countries business sector is corrupt and working for the Chinese to overthrow the U.S.

  45. MAGA hat wearers don’t like the truth about the Kremlin puppet. It doesn’t matter, he’ll be out soon, might go to court straight away.

  46. I hate it when the interviewer allows the interviewee to go off on an unrelated rant, instead of answer the question asked. If I was the interviewer, I would excuse me, but could you please answer the question I asked, instead trailing off in a rant. Remember, when someone try to correct Trump or end his lying rants, Trump say "excuse me" and continue on with his rant, which I hate as well. American Reporters need to grow a backbone and do their job of getting the truth out to the public.

    After reading some of the comment below, I realize no one was talking about the fact Trump is ORDERING AMERICAN COMPANIES to move out of China, when all of Trump and Ivanka product are made in China and they aren't moving their companies out of China. Remember the MAGA hats Trump Supporters are wearing were made in China.

    American companies will NEVER MOVE BACK TO AMERICA because the wages in America are much high than countries like China and giving 1%ers tax cut after tax cut under the Tickle-Down Theory isn't bring jobs back to America. Plus the Tickle-Down Theory is making the rich richer and poor poorer.

    As of Aug 9, 2019, China's 100% exit from US agriculture. Some farmers are being forced to sale their farmer to Corporate Farmers, file for Chapter 12, get subsides and food stamps from the government (AKA: Socialism). Four American companies have laid off employees, plus (Mid-Continent Nail (SEMO box, Norway's REC Silicon and Winnsboro) and Ford are laying off employees due to losing $1 Billion due to Trump's tariff/Trade War.

    Per Tax Policy Center org:

    A tariff is a tax on imported goods, it's almost always paid directly by the importer (usually a domestic firm), and never by the exporting country. Thus, if the US imposes a tariff on Chinese TVs, the duty is paid to the US Customs and Border Protection Service at the border by a US broker representing a US importer, say, Costco. While thee Chinese government pays nothing. China economy is still growing at 6.2%, while the US is growing less than 3%, so how is the Chinese economy in worse shape than the US?

    American Consumers are being force to paid more for food and other household products due to Trump's Tariff/Trade War with China and NOT China. Let me explain, Trump impose Tariffs on China, China pass the cost to Importers, followed by Importers pass the cost to Consumers.

Leave a Reply

Your email address will not be published. Required fields are marked *