Eric Trump: Companies are fleeing China

Eric Trump: Companies are fleeing China


FIRST HOUR WITH US THIS MORNING. THANK YOU VERY MUCH INDEED. LET’S TALK CHINA TRADE AND THE PRESIDENT’S MOVE TO DELAY TARIFFS WHICH WAS ANNOUNCED YESTERDAY, JUST AS THE MARKET WAS GETTING ROLLING. JOINING US IS ERIC TRUMP, THE PRESIDENT’S SON. ERIC, GOOD TO SEE YOU. DO YOU THINK — LET’S SEE WHAT YOUR ANSWER IS — DID THE PRESIDENT BACK DOWN BY DELAYING THE TARIFFS?>>I THINK ACTUALLY A LOT OF PEOPLE ARE MISSING ONE THING WITH CHINA. I DO IT EVERY DAY. IN THE BUSINESS WORLD, I DON’T DO POLITICS BY DAY AT ALL, PEOPLE ARE MISSING THE FACT WITH CHINA THAT NOW THAT CHINA IS IN THE CROSSHAIRS OF AMERICA, REGARDLESS OF WHAT HE DOES WITH TARIFFS, YOU HAVE COMPANIES THAT ARE FLEEING CHINA. THEY NO LONGER WANT TO BE PART OF THIS. I HEAR THIS EVERY SINGLE DAY FROM PEOPLE WALKING DOWN THE STREET IN VARIOUS COMMERCIAL BUILDINGS. WE ARE GETTING THE HELL OUT OF CHINA. WELL, WHY? BECAUSE THEY HAVE BECOME TOO BIG AND YOU ARE ALWAYS GOING TO HAVE TENSION BETWEEN THE TWO COUNTRIES. IF YOU ARE GOING TO HAVE TENSION BETWEEN TWO SUPERPOWERS, WHY WOULDN’T I GO TO VIETNAM, MANUFACTURE THERE, WHY WOULDN’T I GO TO ANYWHERE ELSE, PAKISTAN. THERE’S A HUNDRED DIFFERENT COUNTRIES THEY COULD GO TO, SO WHAT’S HAPPENING IS YOU ARE ACTUALLY HAVING INDUSTRY FLEE CHINA SO THE TARIFFS ARE WORKING ON TWO FRONTS. A, WE ARE BRINGING A LOT OF MONEY INTO THE TREASURY, RIGHT. B, IT’S STOPPING THEIR USE OF PRACTICES ALLOWING US TO NEGOTIATE BUT REALLY THREE, IT’S ALSO SIGNALING TO THE BUSINESS COMMUNITY, GET OUT OF CHINA BECAUSE THIS IS GOING TO BE ROCKY ROAD FOR A LONG TIME AND YOU MAY AS WELL GO TO A PLACE THAT’S MORE TRANQUIL, MORE PEACEFUL, NOT IN THE CROSSHAIRS OF AMERICA, THAT’S PRO-AMERICA, NOT ABUSING AMERICA, NOT STEALING INTELLECTUAL PROPERTY FROM AMERICA. THINK ABOUT — STUART: WAIT A SECOND. SURELY HE WAS NOT I’M GOING TO SAY THROWING A BONE, BUT HE WAS HELPING AMERICAN CONSUMERS BY DELAYING THESE TARIFFS ON PRECISELY THE KIND OF PRODUCTS THAT WE WILL BE BUYING IN THE HOLIDAYS.>>I THINK THAT’S RIGHT. I THINK YOU ARE SAYING WHAT I’M SAYING. THE EXODUS OUT OF CHINA IS NOT ONE OF THESE THINGS THAT TAKES THREE DAYS. TO ACTUALLY MOVE MANUFACTURING OUT OF CHINA, YOU GOT TO FIND A NEW PLANT, YOU’VE GOT TO TRANSFER WORK FORCES, GOT TO DO A LOT OF THINGS. THAT PROCESS IS HAPPENING. NO ONE’S PAYING ATTENTION TO IT IN THIS COUNTRY. NO ONE EVEN TALKS ABOUT IT IN THIS COUNTRY. EVERY SINGLE PERSON I TALK TO, WHETHER THEY MANUFACTURE SHOES OR T-SHIRTS OR WIDGETS, THEY ALL HAVE PLANS TO LEAVE CHINA. WHEN I SAY PLANS, LIKE THEY ARE ALL OVERSEAS RIGHT NOW IN DIFFERENT COUNTRIES FIGURING OUT WHO CAN SOURCE THE PRODUCT, WHO CAN MAKE THE PRODUCT ELSEWHERE. THAT WILL LEAVE A MAJOR MAJOR HOLE IN THE CHINESE ECONOMY. IT WILL RESHUFFLE THEIR ECONOMY. THEY ARE NO LONGER GOING TO BE ABLE TO DEPEND ON THAT.

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About the Author: Oren Garnes

100 Comments

  1. Companies are fleeing China… to Vietnam, Thailand, etc. but not to America. Will your daddy take credit for the coming recession? Or will he blame, Obama, Hillary, The Fed, etc.

  2. THE WEST MADE CHINA WHAT IT IS TODAY AND ONCE CHINA BITES THE HAND THAT FEEDS IT THEN WE MOVE OUT OF CHINA !!!! SIMPLE A THAT !!

  3. Companies are fleeing China, how is that helping Americans? The US is ruled by a family of financial illiterates, and good luck with the extra $2,000,000,000,000 debt :-).

  4. Money is fleeing our 401K's and investments now worth less than they were even under Obama, tell your Dad to cut the vacation short and fix the mess he has made. Can't blame the democrats, the fed, or anyone else this is all on the President ! Going to lose the election if this continues, sure won't get my vote.

  5. We need to start boycotts on China, they're corrupt as fcuk and run dictator over there own people. Doing business there is so dodgy, never heard of a foreign business winning a single case in Chinese Court no matter how obvious. Worst place in the world for honest business.

  6. What a fucken idiot. 2 weeks in a row stock has dropped. We're roller coasting to a recession at lightning speed. So much winning! Dumbasses

  7. Not other countries, put the jobs back to USA, i means what's the point to outsource job outside to have cheaper prices, if here there is no money to pay for the the most cheapest product, I mean all what I see is a lot of people scare to go with the tariff with china that's crazy China is nothing without USA what happenes things are going to get more expensive ok, but at least a los of people here are going to have more jobs, and real money in their hands, and a lo secure life, I do nto cara what is going to happened things are going to get crazy for a short period of time so be it, but in the long run we are not feeding our enemy is amazing we are contributing to make a communist regime to be poweful, a country that hate us Ohh my God and I see people in fox trashing the president for the tariffs.

  8. Yeah there's companies flee in China and they're going to Taiwan Vietnam Thailand for cheaper labor what the hell United States done with China why can't trying to do it with these three countries and by the way China just announced that they're not buying no more agricultural products from the United States and Trump thought he had him by the balls they had Trump by the balls when the farmers get done with him heal have no balls

  9. US-China trade war both sides will lose. Dont kid yourself thinking China will lose US will win. Both will lose n suffer badly. However China has a higher endurance of pain than US.

  10. I thought things were going well for Americans and trump. Tariff wars are easy to win, and only Canadians are being kidnapped and tortured in China, at the behest of trump himself and his poodle, Xi. Blackmail is definitely one of trumps strong suits.

  11. Wow. Great. So now instead of made in China on everything, it will be a host of other foreign producers. There is simply no motivation for US corporations to spend money on American labor when it can be outsourced to a cheaper labor bid and cheaper sources of material. It's not too complicated. Ever get the feeling you've been swindled?

  12. Their country leader isn't forced to borrow money from Russia because his own country's bank won't because of fraudulent behaviour ! What a joke ! He has no idea about tariffs and their impact, and no he waffles from the negative affects !

  13. TRUMP2020๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ

  14. US bullies will target other nations for cheap manufacturing! Great moment for China to upgrade its industries. Big thanks to these short sifhted suckers. bye bye

  15. I doubt whether Elon Musk is about to pull out seeing his Tesla giga factory is nearing completion. He might be having some sleepless nights though given the volatile situation with China right now.

  16. EpsteinTrumpPaedophile REM0VED EPSTElN.

    Trump has TRUMPIFIED EPSTEIN.
    This the TRUMP BODY COUNT.
    SAME JUST LIKE CLINTONS.
    CLINTON BODY COUNT.

  17. China is playing with its currency to survive…President Trump must keep up the pressure…President Trump doesn't care if he wins in 2020..he cares for the American people…Trump 2020!!!!

  18. SURENDRA,..BOTH ARE UNDER INVESTIGATION HERE IN THE UNITED STATES OF AMERICA, DID'NT YOU KNOW?….STILL, ARE INVADING AMERICA AND TAKING AMERICANS JOBS. THAT'S MY POINT, BUT DON'T WORRY THAT AT SOME POINT WILL HAVE TO STOP!….IM JUST SAYING.

  19. U.S has ripped off so many other countries in the past including China. Trump's son is another idiot just like his dumb father who only knows how to bankrupt his own casino and companies! Why Trump delayed the 300 billions tariffs deadline to December and said American consumers may pay for the tariffs. I thought we collected billions and billions from China and Chinese are paying for them. Who is the liar here I wonder !!!

  20. China making trade war bad for their own country, soon no jobs in China and all the companies move out. China will be poor again, so happy for over 600 million Chinese workers and peasants immigrating to the west and more Chinese coming here to replace the illegals.๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐ŸŽŽ๐ŸŽŽ๐ŸŽŽ๐ŸŽŽ๐ŸŽŽ๐ŸŽŽ๐ŸŽŽ๐ŸŽŽ๐ŸŽŽ๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿฒ๐Ÿฒ๐Ÿฒ๐Ÿฒ๐Ÿฒ๐Ÿฒ๐Ÿฒ

  21. So Trump delays the tariffs on China, and the US consumers can have a nice Christmas, wait a sec, I thought trump said that China has been paying the tariffs not US consumers.

  22. So much hate and lies against China on a daily basis. If companies are fleeing China, why are they growing with 6 percent? You guys are pathetic. Look at your own pathetic mafia country that doesn't produce even pens before bashing China, the world industrial power. Without China giving you money, how are you even going to survive? you should bow down to China and be more thankful for supporting your pathetic economy.

  23. let's do Made in America again and watch our Country and Spirit Rise. Trump needs help folks NOT obstructionist democrats

  24. Fake news again. Foreign investments in China for the first half year 2019 expanded at 7.2%. Fox keeps lying to satisfy China haters.

  25. Imagine if they did that in the USA with out guns it a be like either a karate film or a grape fight of course weโ€™d just let them do whatever but it would be confusing

  26. China got rich offering cheaply made products to the U.S.. China says they make the best electronics. The U.S. says maybe but we sent a man to the moon. If it is that good over there in China, then why are there so many massage parlors here in the U.S. offering happy endings and no legal action being taken against them ???

  27. China is just providing a service. American businesses went to China . China didn't force them . Why has Since 2005, Trump has filed for 126 trademarks in China for his business empire, and as recently as June
    Ivanka Trump's brand won 16 new Chinese trademarks

  28. ๅ“‡๏ผๅ‘ๆขฆ๏ผŸ๏ผ๏ผŸwow is this even a News channel? I'm from China anyway, do you American really that stupid to believe this thing? Fleeing from China? From what? 1st of all moving a company and factory from 1 place to another is not easy and fast job, 2ndly there's no other place better then China to move from, and the fleeing word really makes me laugh, oh God American people actually watch this thing? Really amazing. I followed a link here and it's freaking hilarious lol. Good luck to you all, best luck for you guys, all I can say if you believe in this you have no idea what the world is actually happening out there now, when people tell you a country which is in heavy Debts and its people have no saving at all is winning a trade war against a country with low debts and its people with lots of saving, and you actually believe it, I think you are crazy, Theres no winning in trade war you stupid people, ๆ€Žไนˆ้‚ฃไนˆ่ ข็š„ๅ›ฝไบบ้ƒฝๆœ‰๏ผŸ๏ผ๏ผŸ่ฟ™็งไธœ่ฅฟ่ฟžๅฐๅญฆ็”Ÿ้ƒฝๆ˜Ž็™ฝใ€‚everyone is loser in trade war, and this channel is selling you guys US is winning? Wow you guys ganna fall real bad if you don't prepare for the height, everyone in this world is preparing, everyone is loser.

  29. The American companies and businesses can flee China and do not coming back. The Chinese are not buying the American products anymore.

  30. NONE OF THESE OTHER BAFOONS WOULD OF STOOD UP 2 CHINA!! OUR GREAT PRESIDENT STANDS UP 4 AMERICANS, AND OUR INTERESTS!!

  31. where did you got the loans and build the risort and hotel in Bali ?.
    ht is having trouble paying his own debt !….. from China bank ?. LoL.

  32. China is not our friend. China is a Communist country. They have millions in labor camps because of their political or religious views. Some of these people are conveniently " executed" so they can use their organs for transplants(huge market). They censor everything. and the list goes on…

  33. Another lie from Fox.
    Why Trump delays the 300+ billion tariffs if China is paying it?
    TRUMP SHOULD IMPOST 1000%TARIFFS ON ALL CHINESE PRODUCTS IMMEDIATELY.
    Otherwise, Trump is just a bluffing coward and is about on his knees in front of Xi.

  34. Trump asked his lawyer to look into buying Greenland.

    โ€œWhat do you guys think about that?โ€ he asked. โ€œWould that work?โ€

    Eric said: 'HELL YES DAD THATS A GREAT IDEA!"

  35. Such garbage news. "I heard this all the time from people…" Give me legit facts and information to form a decision. I heard this all the time from people and we are winning because our horses are growing horns and becoming unicorns. You cant loose a war with unicorns cause they are majestic.

  36. The Chinese leaders and Russian leaders are dictators and plunge the world into an all-destructive war. They suppress their peoples. Perhaps the US will not accept this and Hong Kong will come to the rescue. The danger is then a war. This is caused by Xi Jinping. This figure is a great dictator who will go to war in his own country if he continues like this. These are the egocentric stupidities of a dictator.

  37. he hears people talk on the street and in buildings. just like dad, its the best way to make big moves on the economy. so smart

  38. ok, it is much simpler than all that. Just get to work America and stop complaining. Read "Think and Grow Rich" or anything by Napoleon Hill. An American writer, and the guy who i think really pulled our country out of the Great Depression. His lessons are still relative today!

  39. why the hell won't these "manufacturers" bring the industry back to the US? Our corporate elites are too willing to give our jobs away. nobody ever talks about THAT!

  40. Eric Trump, just a younger moron, same blood.. The idea was to have tariffs drive AMERICAN companies back to manufacture in the US. They just moved to Vietnam, Laos etc.. NO jobs came back to the US, your self back slapping is just as embarrassing as your father's claim that Chinese EXPORTERS are paying US IMPORT TAXES!! The whole argument that China NEEDS the US is a US invention. China itself was already moving out of manufacturing and now assembles products in cheap labour sites in Africa. China are readjusting after the backstab tariffs imposed out of the blue.. but once bitten..

  41. yeah, right, stupid…..they are going to Thailand mexico and India…anywhere but the US….and it's only cost the consumers half a trillion so far…..

  42. Royal decree tweet just announced, Trump hereby orders companies to leave China(the chosen one has spoken) all hail the GREAT MORON

  43. Trump utterly capitulated ๐Ÿ˜…๐Ÿ˜‚ Companies leaving China because its to big, what an imbecile you have to be to believe that companies are leaving.

  44. If there was any doubt left, Trump thinksย of himself asย a sovereign King. His "order" that US Companies get out of China is hopefully illegal.ย ย The realย fact that he has even thought he can do this isย extremely dangerous. Trump is mentally unhinged, and completelyย unfit to be President. When is enough, enough ? "Prince Eric" thinks this is fine.

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