Trump’s Tweets Cost Investors Over $500 Billion

  • 📰 Forbes
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

The stock market lost over $300 billion in value in 15 minutes due to six tweets from President Trump. He even joked about the Dow being down later in the day as investors lost over $500 billion on Friday.

While there may be some limited movement of manufacturing jobs back to the U.S. it isn’t a cost competitive country. And if they did the manufacturing processes will be highly automated with few workers. Companies will be looking to move to other Asian and a limited number of other countries since they will need a low cost labor force and similar supply chain infrastructure that they had set up in China.

Trump sent out a tweet when the market was open seeming to make a joke that the Dow was down 573 points due to Representative Seth Moulton dropping out of the Democratic Presidential field. This was at a time when the S&P 500 had lost over $450 billion in value.Trump continually equates a trade deficit with an economic loss. While China has taken advantage of U.S. companies in many ways and U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

China bought Forbes 2014

well, lets see if he jokes and laugh about it when his little money and property get conflictated...little people.

JordanFariaLima

Fuck china

I know I must read this and invest my money but fuck it. I'd rather watch the oa

This is your president?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump’s Tweets Cost Investors Over $500 BillionThe stock market lost over $300 billion in value in 15 minutes due to six tweets from President Trump. He even joked about the Dow being down later in the day as investors lost over $500 billion on Friday. Unpack how much money trumps businesses would make with a fed cut! No wonder the guy want fed cuts😏 pffffffff Talk about Swampy Swamps 😎 Why must America support a Chinese communist government anyway.china sells us cheap crap and you all know it.only to build thier army up to possibly conquer the known world and put all of nonchinese under the whip of slavery with no human rights.american farmers are feeding China We must stop selling China food stuffs! American farmers can just cut down on production and take less money..i say stop feeding China!
Source: Forbes - 🏆 394. / 53 Read more »

Trump’s Tweets Cost Investors Over $500 BillionThe stock market lost over $300 billion in value in 15 minutes due to six tweets from President Trump. He even joked about the Dow being down later in the day as investors lost over $500 billion on Friday. Unpack how much money trumps businesses would make with a fed cut! No wonder the guy want fed cuts😏 pffffffff Talk about Swampy Swamps 😎 Why must America support a Chinese communist government anyway.china sells us cheap crap and you all know it.only to build thier army up to possibly conquer the known world and put all of nonchinese under the whip of slavery with no human rights.american farmers are feeding China We must stop selling China food stuffs! American farmers can just cut down on production and take less money..i say stop feeding China!
Source: Forbes - 🏆 394. / 53 Read more »

MSG Sphere, A Spherical Las Vegas Strip Venue, Could Cost More Than $1.2 BillionCompany and project officials are estimating the costs of a spherical entertainment venue under construction on the Las Vegas Strip at between $1.2 billion and $1.7 billion. wow ProudOfYou DevonTracy : A pretty penny or an ugly penny is still only a penny
Source: billboard - 🏆 112. / 63 Read more »

Dow Tumbles As Markets Finish Fourth Straight Weekly LossRecession anxiety, tariffs, the Fed and Trump tweets shook markets. Omg snowflakes ❄️ You forgot to add due to drump meltdown and tirade of idiotic tweets that warrant impeachment .realDonaldTrump “So much winning”!
Source: Forbes - 🏆 394. / 53 Read more »

Dow Tumbles As Markets Finish Fourth Straight Weekly LossRecession anxiety, tariffs, the Fed and Trump tweets shook markets. The Dow goes down and the Euro goes up. What a correlation! I wonder of Pontius POTUS will tweet “Thank you”. 🙏
Source: Forbes - 🏆 394. / 53 Read more »

Box Office: 'Angel Has Fallen' Rising to $20M U.S. DebutElsewhere, 'Hobbs & Shaw' is celebrating crossing the $500 million mark at the global box office as it opens to huge numbers in China. One more turkey and Butler can open a Deli Just for some days ? & what will it be when the film will be broadscast in France on August 28 next 😱😁 Why does the industry always underestimate Gerald Butler as his films might be dreadful but audiences still come out to see them?
Source: THR - 🏆 411. / 53 Read more »