General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAs he arrived at the Group of 7, Trump Asserts He Can Force U.S. Companies to Leave China
As he arrived in France for the annual meeting of the Group of 7 powers, Mr. Trump posted a message on Twitter citing the International Emergency Economic Powers Act of 1977, a law originally passed as part of a congressional effort to define and restrain presidential assertions of power not to enable a president to cut off economic ties with a trading partner because of a disagreement over tariffs.
For all of the Fake News Reporters that dont have a clue as to what the law is relative to Presidential powers, China, etc., try looking at the Emergency Economic Powers Act of 1977, Mr. Trump wrote. Case closed!
Mr. Trump called on Friday for American companies to cut ties with Beijing after the Chinese government said it would raise tariffs on American goods in retaliation for new levies on $300 billion worth of Chinese imports.
https://www.nytimes.com/2019/08/24/world/europe/trump-g7-summit.html?action=click&module=Top%20Stories&pgtype=Homepage
The Velveteen Ocelot
(115,681 posts)no_hypocrisy
(46,083 posts)that the only way to force corporations not to do business with a country is to literally declare (military) war on that country.
TheCowsCameHome
(40,168 posts)were escorting him from the White House for the last time.
2naSalit
(86,569 posts)struggle4progress
(118,280 posts)Stuart G
(38,420 posts)Trump lose, but he will lose very very big. And all companies know it. Disagreement over tariffs is what this is all about. He is trying to force China into a "deal" on tariffs. I don't think this will work. Do you? Does the Chinese leadership want to be forced into a "deal" with this person? Trump will lose the upcoming election, and then the Chinese can make a deal with the next president.
Vogon_Glory
(9,117 posts)When campaign season kicks into gear, we ought to bash them all over their heads over and over again with Donald Trump and Dubya Bush. Four years of Trump, eight years of Dubya and Congress held hostage by the Republican Party shows that the sham of Republican economic competence is DEAD, DEAD, DEAD!!!!
Backseat Driver
(4,390 posts)corporations were people that he could "order" be evacuated away from danger, so there's that. Whatever happened to the prohibition of government "interfering with business.
A general Traveler's Warning is already in place as of January 15, 2019 - do the words people, persons, travelers include the "corporate" body in a like context...Hey, gonna say it once - comply Corps - cancel those contracts, remove that signage at the front door, stop shipping that product, or you're on your own." No Blackhawk chopper evacs to the nearest aircraft carrier for you and/or yours!
https://travel.state.gov/content/travel/en/traveladvisories/traveladvisories/worldwide-caution.html
cagefreesoylentgreen
(838 posts)Try federalizing the American auto industry and see how far that gets you.
The Velveteen Ocelot
(115,681 posts)even though there was a for-real national emergency. https://caselaw.findlaw.com/us-supreme-court/343/579.html
Cracklin Charlie
(12,904 posts)Caps, straws, cups, and shirts...all made in China.
Ask him, some reporter!
handmade34
(22,756 posts)spanone
(135,827 posts)muriel_volestrangler
(101,308 posts)that supports terrorism, kills and oppresses its own people etc., and thus a country that must not be traded with. We could see him as an anti-capitalist. Perhaps even an anti-materialist, but at least a 300 year-old mercantilist that's willing to use force to stop Americans buying goods from abroad.
Hmm: ""For cutting off our Trade with all parts of the world:" https://en.wikipedia.org/wiki/Grievances_of_the_United_States_Declaration_of_Independence#Grievance_16
AJT
(5,240 posts)headquarters to another country, could they stop being US companies?
Zambero
(8,964 posts)Using the (unauthorized) power of the federal government to dictate the means of production. He's even managed to outdo Bernie!
smirkymonkey
(63,221 posts)"From this day on, the official language of [the United States] will be Swedish. Silence! In addition to that, all citizens will be required to change their underwear every half-hour. Underwear will be worn on the outside so we can check. Furthermore, all children under 16 years old are now... 16 years old!"
He is absolutely bat-shit. Get the hook!
Frustratedlady
(16,254 posts)Didn't she meet with XI or some rep on labels or patents or some such for her products? That was early on in her dad's administration. I remember there was an uproar about it.