Friday on Fox News Channel’s “America’s Newsroom,” network anchor Chris Wallace criticized President Donald Trump’s tweet that ordering American companies not to do business in China.
Wallace said, “The best I can tell, the American president can’t order U.S. Companies how they’re going to do their sales and where they’re going to have their supply chains. We have a free-market capitalist system. I don’t think the president can order a car company to move some of its factories from one place to another. He could impose tariffs or make it economically untenable, but can’t sit there and order the CEO or the board and my guess is most people in this country wouldn’t want to see a president be able to do this.”
He added, “When you have the president of the United States sort of flailing around this way and ordering companies to move back to the U.S. And saying that the head of the Federal Reserve is the enemy of the country, is that going to create more consumer confidence about the state of the economy or not?”
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