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KGO ABC World News Tonight With David Muir August 24, 2019 00:32:00

And this evening he fired right back with another tariff hike of his own. he also took aim at the fed chair. his harshest attack yet, tweeting, who is our bigger enemy, jay powell or chairman xi? the markets responding in real time. the dow closing down 623 points. all of this as president trump prepares to leave for the g-7 summit in france. here s kyra phillips. reporter: wall street today sent reeling after a morning tweet storm from president trump. the dow diving 623 points after the president tweeted american companies were, quote, hereby ordered to stop doing business with china. the president has no authority to order private businesses to cut ties with china. and then he took to twitter again, later in the day, to joke about the stock market plunge. for american farmers like gregg hora in iowa, none of this is funny. ....

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MSNBC Hardball With Chris Matthews August 24, 2019 23:01:00

Billion worth of american goods. the news was met with outrage at the white house where the president took to twitter and attempted to order all american companies to cut their ties with china. all american companies. no more trade with china. of course, that s ridiculous. trump tweeted we don t need china and frankly we would be better off without them. 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. that s the president this morning trumpeting powers he doesn t possess. however, the washington post points out the white house does not have the authority to force companies to follow such directives as that. according to the census bureau, the united states has $380 billion trade deficit with china in 2018. a deficit that appears to be increasing this year. look at those numbers. trump s tweeting ignited a rapid selloff off wall street. the dow that had ....

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MSNBC The 11th Hour With Brian Williams August 24, 2019 03:20:00

The first traunch. i asked him if he felt responsible because of his tweets to the 623-point drop in the dow industrial average today. he began by saying on balance, the stock market has increased over the course of the last year but then he concluded by saying don t tell me about 600 points. as if it s not that big of deal and in the larger scheme of things, it s insignificant. jay powell who came under for withering criticism, the president s tweet today when the president said he s not sure who is the bigger enemy he asked, chairman xi of china, chairman of the communist party that s president of china or jay pa powell, that raised a lot of eyebrows. he said jay powell is not much of a chess player he said and then later in the discussion back and forth with reporters that are sofa mi familiar, he id ....

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CNN Erin Burnett OutFront August 23, 2019 23:01:00

Good evening everyone piem kate baldwin in for erin burnett. breaking news. president trump escalating the trade war with china. trump announcing a now round of tariffs in retaliation to china s retaliation, announced earlier in the day. the president calling china s moves politically motivated. so he is increasing all the tariffs against china by 5%. all of this caused another bad day on wall street, ending down 623 points. the president also spent thedy attacking his new favorite booking man, the federal reserve chairman jay powell. tweeting in part we have a strong dollar and weak fed. my only question is who is our bigger enemy, jay powell or chairman xi. yes the president compares the independent fed chairman he appointed to america s leading trade adversary. and he wasn t done there. announcing a decree or at least trying to in another tweet. our great american companies are ....

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FOXNEWS Special Report With Bret Baier August 23, 2019 22:01:00

Thank you to your attention for this matter. this comes this morning worried that beijing hit the u.s. was $75 billion worth of new tariff tariffs. the president responded by urging american firms leave them a world s most populous country. that earlier message sent the markets reeling. the dow plummeting today 623 points. the s&p 500 lost 76. the nasdaq plunged 240. for the week, the dow lost one percentage point. the smp drop to 1.5. the nasdaq lost a little less than two. today s events put an exclamation points to the federal reserve s comments, the trade situation is completing his ability to deal with one of president trump s favorite topics, interest rates. correspondent rich ads and starts us off tonight a busy day on the north lot of the white house. the president promises to ....

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