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Trump Explodes: “Orders” American Companies to Seek Alternatives to China

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Via Economic Policy Journal

In a series of remarkable tweets, this morning President Trump lashed out at the Federal Reserve once again and suggested that the Fed should have done something (today?). No one expected any activity from the Fed today.

 He followed up by “ordering” American companies to seek alternatives to doing business with China, in response to news of retaliatory tariffs by China.

This is mad man mercantilism. The stock market quickly plunged following the tweets.

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