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The Guardians of Democracy

Stocks Plummet Seconds After Trump Orders US Companies To Make All Products In USA, Return To US

Authoritarianism

Stocks Plummet Seconds After Trump Orders US Companies To Make All Products In USA, Return To US




Stocks plunged Friday morning seconds after President Trump angrily responded to new China tariffs by accusing the country of stealing “vast amounts of money” from the U.S. and ordering American companies to bring “your companies HOME and making your products in the USA.”

The Dow Jones Industrial Average traded 437 points lower, or -1.67%. The S&P 500 and Nasdaq Composite slid 1.4% and 1.6%, respectively.

Trump said he was ordering all U.S. postal carriers, including FedEx, Amazon, UPS and United States Post Office, “to SEARCH FOR & REFUSE all deliveries of Fentanyl from China (or anywhere else!).”



The four-part tweet, which constitutes an official order from the president, came hours after China announced it will impose tariffs on $75 billion worth of U.S. goods, the latest salvo in the year-plus trade war between the world’s two largest economies.

“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 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,” Trump tweeted Friday morning.

“Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing 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, 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!” he added.





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