Trump's America First Speech Puts Wall Street Second [Investor's Business Daily]
Meta Platforms, Inc. - Class A (FB)
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Source: Investors Business Daily
Related news President Trump still hasn't gotten his military parade, but he put America's economic arsenal on display for all the world to see on Tuesday. The Trump U.N. speech touted his tariffs on $250 billion in Chinese-made goods. And he flashed the power of U.S. economic sanctions that are set to hit Iran on Nov. 5, forcing other countries to shift their purchases of crude oil. Trump came to make demands, not friends, and it's a fair bet that CEOs of U.S. multinationals were cringing as he warned, "We will no longer allow our workers to be victimized, our companies to be cheated, and our wealth to be plundered and transferred." Minutes earlier, Trump had boasted that America's economy "is booming like never before," having added $10 trillion in wealth since his election with the stock market at record highs. The Trump U.N. speech seemed to throw a wet blanket on the rally attempt on the stock market today . The Dow Jones industrial average and S&P 500 index slipped into negative
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