PRESIDENT TRUMP "ORDERS" ALL U.S. COMPANIES OUT OF CHINA - Must find "Alternatives"

PRESIDENT TRUMP "ORDERS" ALL U.S. COMPANIES OUT OF CHINA - Must find "Alternatives"
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The trade war between the United States and China just took a dramatic turn which many see as leading to actual war with China.  Today, US President Donald Trump ORDERED American companies to "find alternatives to China" -- it appears ALL trade between the U.S.  and China is heading toward being COMPLETELY cut-off.  (Subscribers to this web were warned of this over a week ago!) UPDATED 5:25 PM EDT --

A public statement by President Trump sums it up:

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. 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!

 

This situation is why stock markets worldwide are taking some losses right now.  The DOW is down 548 points as of 4:27 PM EDT.  

It is worth noting that on August 11, the Hal Turner Radio Show issued a warning to Subscribers which read:

If you have business interests in China, you need to IMMEDIATELY commence obtaining alternate sources for goods and services.  It is possible that ALL trade between the US and China may face stoppage . . ."   

That warning was contained in the Subscriber-only section of THIS news story.

So Subscribers who support this web site with a measly $1 a week (Billed Quarterly at $13) got this essential economic news TWELVE FULL DAYS BEFORE EVERYONE ELSE.  You should subscribe to be "in" on the info that matters.  Click HERE to subscribe.

 HAL TURNER COMMENTARY

This is going to be VERY good for those of us in the USA.   Companies will be scrambling to obtain manufacturing facilities here in the U.S. which means more US jobs and a return of the middle class.

It also means log term better results for American companies, who no longer have to give away Trade Secrets to China, only to have China leak those secrets to its own industries, then sell the same products cheaper, driving the US companies out of business.  It's easy for China to have profitable companies when they get their products by stealing what American firms paid to develop.

The people who lined their pockets by shipping US jobs overseas are not going to be happy about this; expect to see flailing and hear gnashing of teeth as their greed gets reigned-in.

 

UPDATE 5:25 PM EDT --

More Tariffs!    This just in from President Trump:

For many years China (and many other countries) has been taking advantage of the United States on Trade, Intellectual Property Theft, and much more. Our Country has been losing HUNDREDS OF BILLIONS OF DOLLARS a year to China, with no end in sight Sadly, past Administrations have allowed China to get so far ahead of Fair and Balanced Trade that it has become a great burden to the American Taxpayer. As President, I can no longer allow this to happen! In the spirit of achieving Fair Trade, we must Balance this very unfair Trading Relationship. China should not have put new Tariffs on 75 BILLION DOLLARS of United States product (politically motivated!). Starting on October 1st, the 250 BILLION DOLLARS of goods and products from China, currently being taxed at 25%, will be taxed at 30% Additionally, the remaining 300 BILLION DOLLARS of goods and products from China, that was being taxed from September 1st at 10%, will now be taxed at 15%. Thank you for your attention to this matter!

Hal Turner Remark: This is going to utterly smash the economy of China.  They cannot afford to have this happen.  

 

 

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  • This commment is unpublished.
    TSlinger · 2 months ago
    As a 2+ decades student of Revelation and all last days prophecies, I am thrilled at all this doom!!! One man's doom is another man's supreme hope! For the Church...home and graduation is looking like it just got closer! Love this declaration. Sure it will bring war- that's all globalists really want anyway. Ain't no time to be in love with this world.
  • This commment is unpublished.
    michael anderson · 2 months ago
    Only 20% of china's trade is with the US.
    • This commment is unpublished.
      Matthew Worner · 2 months ago
      ONLY 20%? How big a crimp would it put in your lifestyle if you lost a fifth of your income?
  • This commment is unpublished.
    CHAD BRUNDY · 2 months ago
    This is an orchestrated Global Take Down of the World's Economy ushering in the New World Order and a ONE WORLD Currency which will BE BITCOIN. This will crush all economies Hal, do you seriously believe this is great for America? WOW!!!

    If we ever had a wise President who didn't work and wasn't selected by the GLOBALIST and wanted to pull off a trade war effectively and fairly, that PRESIDENT would have informed his companies at the very start to begin looking for alternative sources, new plants, get tooling set up if needed, start looking for different distribution outlets, etc.. etc. etc.....

    You don't keep promising the country everything is great, we have the strongest economy ever, and then beg the FED to raise rates and start QE again. It doesn't take the sharpest tool in she shed to know you only implement those when the economy is looking like it's about to implode.

    Every Financial Indicator is screaming recession/depression yet we have a President screaming day in and day out that our economy is the greatest it has ever been! THAT IS completely FALSE, and a FAT LIE!

    DO we have an unfair imbalance regarding trade with CHINA? Absolutely, but you don't handle it the way it is being handled.

    Have you ever Checked out Where TRUMP's Signature Label is manufactured? Oh that's right, CHINA! How ironic!!! Do you remember where Ivanka & Jared were seeking to get a plethora of trademarks passed through? Oh that's right CHINA! Even more ironic, they were approved the following week when TRUMP had the "GREATEST CHOCOLATE CAKE" ever with XI Jinping who he claimed to have the "GREATEST relationship with ever! Are you noticing the trend?

    Our farmers are being absolutely decimated by this trade war!

    China isn't paying for SHIT! WE ARE, YOU AND I! Majority of what we buy in this country is being slapped with higher prices because of these tariffs, explain to me how that helps us again?

    Every Market is rigged by every Central Bank in the world propagated by their SELECTED puppets around the world we call Presidents, Queens, Kings, Princes, etc.... with an end game of controlling all of the citizens in this world through a sick and twisted SATANIC PLOT that is now in HYPER DRIVE.

    I'm going to keep pounding this SITE with TRUTH instead of the PRO TRUMP BULLSHIT RHETORIC that is normally being spewed here. I don't care if it upsets anyone, because if the TRUTH upsets you then you need to hear a little more of it!
    • This commment is unpublished.
      Matthew Worner · 2 months ago
      Trade wars, as with any war, have casualties. Ask anyone who has ever worn the uniform (I have) and served in combat (been there; done that). That's a chance you have to take. On D-day the first wave to hit the beaches suffered 80% casualties. The un-wounded fought on against brutal odds. I had to be done. Too bad there aren't enough men left to fight for what's necessary instead of a gaggle of self-important Nancy boys whining in Mum's basement and dribbling Cheeto dust all over their game controllers.
    • This commment is unpublished.
      William Bermudez · 2 months ago
      In other words, start buying crypto?
  • This commment is unpublished.
    Donald Foreman · 2 months ago
    WAR in the not to distance future.
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    William Bermudez · 2 months ago
    Hopefully this will help the American auto industry. My grandpa was a designer at Ford for 30 years and was responsible for the '85 LTD. Will be keeping an eye on the Ford stock I have.
    • This commment is unpublished.
      Eric In GA · 2 months ago
      Maybe Tesla instead. Tesla is on the leading edge of technological evolution. Internal Combustion Engine vehicle days are numbered.
      • This commment is unpublished.
        William Bermudez · 2 months ago
        I'm predicting that Ford, GM, and other automakers will gradually transition to electric vehicles in order to keep up with Tesla. Granted, it won't happen overnight, but I wouldn't be surprised if 30-40 years from now, the majority of cars on the road are electric.