American businesses are displaying confusion and concern as they struggle to understand what President Trump’s latest China messages mean for them
President Trump tweeted Friday that he “hereby ordered” U.S. companies to explore relocating operations out of China and that he would raise existing and planned tariffs on Chinese goods by 5 percentage points. On Sunday, after a tumultuous week for trade negotiations, administration officials said the president didn’t order U.S.
companies to leave China and has no plans...President Trump on Friday ordered U.S. companies to look for alternatives to China after Beijing said it would add more tariffs to U.S. imports. Can the U.S. president place demands like this on private companies? WSJ's Gerald F. Seib explains the powers a president is unable to revoke. Photo: Getty
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