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Manufacturing council crumbles: Trump damaged?

Tuesday, August 15, 2017 - 01:29

Three Chief Executives have now resigend from U.S. President Donald Trump's American Manufacturing Council, following his response to weekend violence at a rally of white supremacists in Charlottesville. Annabel Reid reports.

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Intel's CEO Brian Krazanich the latest person to take a stand against U.S. President Donald Trump. And the third to leave the American Manufacturing Council. The wave of resignations followed Trump's tepid response to violence at a rally of white supremacists in Charlottesville. (SOUNDBITE) (English): JAMES HUGHES, SENIOR MARKETS ANALYST, GKFX, SAYING: "What we are seeing now is that it is becoming damaging for these CEO's to be part of anything to do with not the whitehouse, not the President of the United States, but with Donald Trump and that is the problem that we have got." The demonstration in Charlottesville took a deadly turn on Saturday when a car plowed into a group of counter protesters and killed one person. Democrats and Republicans alike criticized Trump for saying 'many sides were to blame' The White House later stressing the President's remarks were meant to condemn the KKK and neo-Nazi groups. But it was too little to late for Krzanich who said he wanted to highlight the harm a divided political climate is causing. He followed the Chief executives of Under Armour and Merck & Co out the door. The only slight reprieve for Trump and markets - coming in the unlikely form of North Korea. Kim Jung Un reportedly telling his army to hold off on firing missiles towards Guam, although images released by state media appearing to show he's ready to give the go ahead at any sign of provocation.

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Manufacturing council crumbles: Trump damaged?

Tuesday, August 15, 2017 - 01:29