The Dow Jones Industrial Average jumped more than 400 points in early trading Friday after President Trump confirmed “good things are happening” during high-stakes trade negotiations with Chinese officials.
“Good things are happening at China Trade Talk Meeting. Warmer feelings than in recent past, more like the Old Days. I will be meeting with the Vice Premier today. All would like to see something significant happen!” posted Trump on Twitter.
“One of the great things about the China Deal is the fact that, for various reasons, we do not have to go through the very long and politically complex Congressional Approval Process. When the deal is fully negotiated, I sign it myself on behalf of our Country. Fast and Clean!” he added.
Good things are happening at China Trade Talk Meeting. Warmer feelings than in recent past, more like the Old Days. I will be meeting with the Vice Premier today. All would like to see something significant happen!
— Donald J. Trump (@realDonaldTrump) October 11, 2019
One of the great things about the China Deal is the fact that, for various reasons, we do not have to go through the very long and politically complex Congressional Approval Process. When the deal is fully negotiated, I sign it myself on behalf of our Country. Fast and Clean!
— Donald J. Trump (@realDonaldTrump) October 11, 2019
This is a developing story. Check back for updates.
BUCKLE UP! Bernie Sanders RIPS Joe Biden’s Policy Towards China Trade, Manufacturing Jobs
Vermont Senator Bernie Sanders directly attacked his top competitor for the Democratic nomination Thursday; saying Joe Biden’s policy towards China and manufacturing jobs is just “wrong.”
“Since the China trade deal I voted against, America has lost over 3 million manufacturing jobs. It’s wrong to pretend that China isn’t one of our major economic competitors. When we are in the White House we will win that competition by fixing our trade policies,” posted Sanders on social media.
Since the China trade deal I voted against, America has lost over 3 million manufacturing jobs.
It’s wrong to pretend that China isn’t one of our major economic competitors.
When we are in the White House we will win that competition by fixing our trade policies.
— Bernie Sanders (@BernieSanders) May 2, 2019
Sanders’ comment is referring to Biden’s statement at a stump speech in Iowa this week, saying “China is going to eat our lunch? Come on, man.”
AMERICA FIRST: The President Says Country’s with Unfair Trade Deals Will be ‘TARIFFED’
President Trump doubled-down on his administration’s aggressive international trade policies Monday; saying nations with unfair trade deals will be “tariffed” in the coming weeks.
The Commander-in-Chief praised the international tax on social media just days after threatening China with a new round of tariffs, adding “Tariffs have put the U.S. in a very strong bargaining position, with Billions of Dollars, and Jobs, flowing into our Country – and yet cost increases have thus far been almost unnoticeable. If countries will not make fair deals with us, they will be ‘Tariffed!’”
Tariffs have put the U.S. in a very strong bargaining position, with Billions of Dollars, and Jobs, flowing into our Country – and yet cost increases have thus far been almost unnoticeable. If countries will not make fair deals with us, they will be “Tariffed!”
— Donald J. Trump (@realDonaldTrump) September 17, 2018
The President’s comments come after he threatened China and other countries with upwards of $250 billion tariffs on foreign-produced goods, including aluminum, steel, and other raw materials.