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Anderson Cooper 360

Commenter-In-Chief Sends Markets Tumbling; Trade War Politics; Presidential Diplomacy; Amazon Burning

Anderson Cooper 360

CNN

News

3.73.8K Ratings

🗓️ 24 August 2019

⏱️ 41 minutes

🧾️ Download transcript

Summary

Stocks Plunge As Pres. Trump Says U.S. Firms Are "Hereby Ordered" To Look For Alternatives To China; Dow Plunges 600+ Points Amid Pres. Trump's Tweets, Jokes, Trade War; President Trump Threatens To Raise Tariffs On Chinese Goods To 30% Amid Escalating Trade War; Summit, Or Powderkeg?; The Remarkable RBG; Pres. Trump About To Depart For G7 Summit; Pres. Trump Reportedly Questioning Why He Has To Attend G7 Summit; Pres. Trump Says Russia Should Be Readmitted To G7; New Health Challenge; Justice Ginsburg Treated For Pancreatic Cancer; Evangelicals Speak Out About Pres. Trump's Conduct In Office; New Plan To Fight Amazon Rainforest Fires; Pres. Trump Offers U.S. Assistance To Fight Wildfires; Toxic Tale: Trump's Environmental Impact; "A Toxic Tale: Trump's Environmental Impact" Airs Tonight At 10PM ETTo learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Good evening, I'm Jim Sudo, Anderson is off tonight.

0:04.4

We're going to ask you to take a moment now to evaluate the statements and decisions

0:08.7

in just a single day of the sitting president of the United States.

0:12.6

This is not a question intended to be based on party affiliation or personal preference,

0:17.8

simply the facts.

0:19.7

President Trump departs for the crucial G7 summit in Beirut's France tonight, but not

0:23.8

before reportedly grumbling about having to go at all, or reportedly discussing new

0:29.6

tariffs on his hosts there, America's oldest ally, or escalating a trade war with China

0:36.0

with global consequences, or calling his hand-picked Federal Reserve Chairman the country's

0:41.9

enemy more so than the Communist leader of China.

0:46.1

Or we might add, when markets took a massive hit as a result, joking about it.

0:51.0

And again, this is all all of it at the end of a week in which he canceled a state visit

0:55.3

with another ally because that country, Denmark, would not sell us Greenland.

1:00.8

And he compared himself to the Messiah, by the way, all of it, other than the Messiah

1:04.6

and Greenland stuff, happened just in one day today, most notably this.

1:10.0

The Dow and Justre industrial's lost some 624 points on the day.

1:21.8

It came after these tweets from the President, quoting now, we don't need China, and frankly

1:27.2

would be far better off without them.

1:29.5

Our great American companies are hereby ordered to immediately start looking for an alternative

1:35.3

to China.

1:36.9

Hereby ordered, he said, which of course no President can do.

1:40.8

And as we mentioned, he also lashed out at Federal Reserve Chairman Jerome Powell tweeting,

...

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