Quantcast
Connect with us

WATCH: Trump brags about his China trade war ‘success’ as stock ticker shows market tanking

Published

on

President Donald Trump on Monday boasted about how successful his trade war with China has been — even though stock markets took an absolute beating on the news that China was about to slap tariffs on $60 billion of American goods.

While giving remarks to White House reporters on Monday, Trump bragged that his tariffs were making the United States richer, while a stock-market ticker showed that the Dow Jones Industrial Average was falling by more than 600 points.

ADVERTISEMENT

“We’re taking in right now hundreds of billions of dollars,” Trump said of his tariffs on Chinese goods. “We’re taking in billions of dollars of tariffs, and those tariffs are going to be tremendously, if you look at what we’ve done thus far with China, we’ve never taken in ten cents until I got elected, now we’re taking in billions of billions.”

Trump also falsely credited the tariffs for economic growth in the first quarter of 2019, even though the majority of economists say the tariffs had nothing to do with strong GDP growth.

“This is a very positive step,” Trump said as the stock ticker continued showing a bloodbath in the markets. “I love the position we’re in.”

Watch the video below.

ADVERTISEMENT


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

CNN

‘The worst day with the most damning evidence’: CNN’s Tapper explains how Sondland was very bad for Trump

Published

on

European Union ambassador Gordon Sondland's testimony before the House of Representatives' impeachment inquiry on Wednesday generated several startling revelations, including confirmation of an explicit quid-pro-quo deal involving investigations into former Vice President Joe Biden.

CNN's Jake Tapper described Sondland's testimony as " a monumental and historic moment on what may turn out to be the worst day with the most damning evidence for President Trump in the impeachment inquiry."

He then laid out all the ways that Sondland has been very bad news for the president.

"Sondland directly implicated the president in directing the operation to pressure Ukraine," Tapper explained. "Sondland is testifying that there very clearly was a quid pro quo -- this was for a White House visit for the Ukrainians in exchange for an announcement about an investigation into the company Burisma and the Bidens. Now, Sondland later said it became clear to him that the quid pro quo also, he presumed, was tied to the holdup of hundreds of millions of dollars in military aid that Ukraine desperately needed."

Continue Reading

Facebook

Here are the most important moments from Gordon Sondland’s bomshell impeachment inquiry testimony

Published

on

EU Ambassador Gordon Sondland, a key actor in President Donald Trump's effort to pressure Ukraine for dirt on his political rivals, was in the hot seat Wednesday as Democrats built their case for impeaching the US leader.

Here are some of the key quotes from his opening statement.

- Following Trump's orders -

- "As a presidential appointee, I followed the directions of the president. We worked with (Trump's personal lawyer Rudy) Giuliani because the president directed us to do so.

"We had no desire to set any conditions on the Ukranians. Indeed, my own personal view -- which I shared repeatedly with others -- was that the White House meeting and security assistance should have proceeded without pre-conditions of any kind."

Continue Reading
 

Facebook

‘Unusual’: Reporters surprised as a large swath of Republicans go missing during Sondland testimony

Published

on

Reporters covering the House impeachment inquiry were mystified after most of the Republican lawmakers left the room during EU ambassador Gordon Sondland's testimony.

Sondland directly implicated President Donald Trump, as well as Vice President Mike Pence and Secretary of State Mike Pompeo, in the scheme to withhold military aid from Ukraine until its president agreed to announce an investigation of Joe Biden.

Almost all of the GOP minority on the House Intelligence Committee left the hearing room as each party's counsel questioned Sondland in 45-minute sessions.

"Unusual that most Rs left room during this round of Dem questions," tweeted John Parkison, of ABC News. "Only Jordan, Ratcliffe with GOP counsel Steve Castor - and now Nunes returns to dais. No lawmakers seated in viewing area either."

Continue Reading
 
 
Help Raw Story Uncover Injustice. Join Raw Story Investigates for $1 and go ad-free.
close-image