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Dow plunges after Trump tells US firms to sever ties with China



Former IMF chief economist Maurice Obstfeld and NatAlliance Securities’ Andy Brenner discuss President Trump’s attack against the Federal Reserve amid trade war worries.

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33 comments

  1. About time !! It will get worse before gets better but we need to do this.. F U China . Bye bye 👋

  2. Can I start celebrating yet? I am looking forward to never see those three worst words in the American English lexicon. "Made in China" is the most repulsive words ever spoken on Earth.

  3. Dump the dollar. Proud that EU against imperialistic US…

  4. What you Americans don't understand is when two world economic powers go to a trade war will affect every other country before it hits them.

    The last time a trade war off such happened was during the 1920s when the powers off Europe went into a trade war causing the stock exchange to collapse and leading to a great depression.

    Trump maybe correct with what he's talking about with Tariffs. But if the other world power refuses to come to tables over it and a trade war abrupt. (That it has) It will cause countries to pull out of stocks and investments causing companies to go broke. Retirement fund to disappear cost off living to go up and stock market to crash. And eventually causing world wide recession or even a great depression.

    Xi from China knows it will hurt every other country before they feel the pinch off this trade war. Why he refuses to come to tables with Trump on a fair deal. He knows all nataions will be affected by it and will blame USA for the financial crisis. Trump was warned. Sorry USA I love Trump. but he's also an idiot

  5. Africa would be a good place to do business right cheap land labor hard workers send the company to Africa 😂 problem solved!!

  6. The US companies might sue the president

  7. Good time to hammer Nasdaq index

  8. 2.25%

    THE MARKET IS IN FREE FALL!!!!
    AHHHHHHHH!

    😂🤣😂🤣😭😭😭

  9. We aren’t going to be able to hold the same numbers as China and USA combined. Numbers will drop naturally, but in the end, America will be American made. And that’s alright with me.

  10. Media can lie about trump it helps him win and gain more supporters

  11. Fear porn. Gold is up. Seek safety there.

  12. THE WORST THING ABOUT AMERICA COMPANIES IS THAT THEY ARE MAKING SO MUCH MORE MONEY IN MEXICO AND OTHER COUNTRIES BECAUSE OF THE LOW WAGES THEY PAY WORKERS, THESE U.S. COMPANIES ARE MAKING LOADS MORE FOR THEIR PRODUCTS BUT WHEN THE PRODUCT COMES TO AMERICA TO BE SOLD THE U.S. COMPANIES ARE NOT PASSING DOWN THE SAVING TO THE AMERICAN PEOPLE WHAT SO EVER. THE AMERICAN PEOPLE LOSE JOB'S AND THE COMPANIES LIKE THE CAR INDUSTRY DONT PASS THE SAVING ON TO AMERICAN'S WHEN AMERICAN'S BUY CAR'S. GREED, GREED. AMERICAN COMPANIES THAT TOOK THEIR COMPANIES TO OTHER COUNTRIES FAILED THE GREED TEST, NOW WE KNOW THAT SENDING AMERICAN COUNTRIES TO OTHER COUNTRIES DOESN'T WORK. THESE AMERICAN COMPANIES NEED TO RETURN TO AMERICA AND CREAT JOB'S IN AMERICA. IN GOD WE TRUST.

  13. It's not "Dow plunges". It's "China undermines U.S. markets".
    It's not "The President's trade war". It's "China's trade war".
    We can bend over and let them rip us off, and the liberal press is quiet.
    Or we can stand up to the thieves, and the liberal press attacks our own President.
    China is like an addictive drug. Let's go cold turkey already. It'll hurt for a while, but long term we're much better off.
    And to hell with the liberal press.

  14. Fake News, the economy is doing fantastic!

  15. Even if we go in a recession we need those jobs back and boot our economy even more

  16. So the US has woken up to the Chinese plan, oh and China was getting such a good deal. Getting all the business and getting all the trade secrets as well, oh they had it great.. Dammit USA how dare you challenge the great China in this..
    Anyone who says what Trump is doing is bad, is an obvious Chinese bot, and most likely doesn’t have a job. Because even a blind man could see the Chinese plan and they were winning. Until now.

  17. You better start getting used to the term 'Trump recession'

  18. The stock market isn't real life anymore.
    Of course points go down after ANY EVENT.
    Its just show.
    The nature of the market isnt a constant line of success.
    Buy American made in America only and everything will get better here.
    Eventually all the quality will go back up to where products will be repaired instead of replaced.
    This is what we want.
    Screw communism and China who mistreats its own people yet still has time to steal from Africa in mining.
    Yet the left still say nothing.

  19. China knows better as they will lose billions. Trump 2020

  20. Oh please. A 500+ point drop in 1987, when the market was at 2700, was a crash. A 500+ point drop at these levels is spit.

  21. I don't think the general acceptance of this issue was the response that main stream media had hoped to propagate. xD) This is a step in the right direction and will lend to a stronger US economy in the future – not to mention, put China in check, while simultaneously helping the US to build strong new partnerships abroad.

    TLDR; China needs to sit the F down!

  22. Dow plunges 2%. ahhhhhhhhhhhh

  23. Down down down thanks trump , you ARE the greatest president ever … keep digging the ditch !!!! Love ya !!!

  24. Dump China move to Japan or back to the USA. No more slave labor tech companies

  25. Now its time to create AMERICAN GOVERNMENT FUNDED and owned USA Manufacturing Companies. Enough baby siting other countries, MADE IN U.S.A

  26. the yield curve is telling us there is a 100% chance of recession, not a chance. look at history

  27. So China drives our stock market ? Lets change that.

  28. Asustained and gradual global alliance against China would have been much more effective.
    Once trump imposes tarrifs on all Chinese goods and the market adjusts to the new equilibrium he will have no more cards to play.
    He needs to be very careful not to paint the US into a corner.

  29. Wow, a dip in the market "what will we do"? "the sky is falling the sky is falling".

  30. Keep in mind it’s legal for Chinese companies to buy American companies but not the opposite

  31. Before this happened I was on here telling people they can make it look like it drops when they want to make the public get in an up roor then they magically make it better. I saw another video pointing all of that out. The pot stock is what you should invest in oh not many people have money to begin with.

  32. So Moscow Mitch and his wife Elaine Chao and their family are hereby ordered to shut down their Chinese businesses.

  33. Yes manufactures need to leave China, they take advantage of the U S and coming back to the US will help real Americans to go to work and improve their lives and our Country

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