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Trump sows confusion at the G7 on the environment, trade with China, and hosting the 2020 G7 at Trump’s resort in Florida

 “I’m an environmentalist,” Trump insisted, at a press conference on Monday, claiming that he knows more about the subject than most people. But earlier the same day he skipped the session on climate change, biodiversity, and oceans. The White House claimed that he had “scheduled meetings” with the leaders of Germany and India, even though both were in attendance at the climate session. 

Trump’s tweets on trade with China have been causing confusion and instability in the markets. It seems that when Trump sees negative reaction to a trade tweet he follows up with another, even if completely false. In the latest example, the markets dropped when Trump announced new tariffs against China. Then he said he was having second thoughts. Then he had second thoughts about having second thoughts. To cap off the confusion, on Monday, Trump announced a surprise breakthrough. “You can say we’re having very meaningful talks, much more meaningful than I would say at any time, frankly,” he bragged. The Dow rose almost three hundred points. Then, somewhat baffled, China’s Foreign Ministry denied any such recent calls—or any such progress. And the market went down again.

To cap things off, Trump announced that his struggling Trump National Doral Miami resort in Florida is in the running to host the 2020 G7 conference. Hosting the G7 will cost American taxpayers hundreds of millions of dollars. Hosting the event at Doral, an 800-acre golf resort close to the Miami airport, which is losing money, would divert a a huge amount of taxpayer cash into Trump’s own coffers.

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Fox News say Trump’s ‘Flailing Around’ Is Jeopardizing Economy

Fox News anchor Chris Wallace took a shot at the Trump’s escalating trade war with China, accusing Trump of “flailing around.”

“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,” Wallace said during an appearance on “America’s Newsroom.” “We have a free-market, capitalist system.”

Earlier that afternoon, in a flurry of outraged tweets, Trump accused China of stealing money from the U.S. and ordered American companies to “immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.”

Note: The president doesn’t have the authority to order companies to do anything like that.

“My guess is that most people in this country wouldn’t want to see the president be able to do this,” Wallace said.

He also raised concerns also over Trump’s targeting of Federal Reserve Chairman Jerome Powell, whom the president declared an “enemy” of the nation.

“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 an enemy of the country, is that going to create more consumer confidence about the state of the economy or not?” Wallace said.