With at least five executives leaving the manufacturing council in the wake of Trump's contentious remarks about white supremacists, the president is ending the group he created in January.
BREAKING NEWS
Amid C.E.O. Exodus, Trump Disbands Top Business Panels
- President Trump’s main council of top corporate leaders disbanded after he equated white nationalist hate groups with the protesters opposing them.
- Soon after, the president announced on Twitter that he would end his executive councils, “rather than put pressure” on the members.
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Donald Trump wiped around $5.7bn dollars off the stock market valuation of Amazon in less than two hours on Wednesday, with a tweet attacking the online retail giant for “doing great damage to tax paying retailers”.
Amazon’s shares lost 1.2 per cent of their value in pre-market trading after Mr Trump's comments.
The President tweeted: “Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the US are being hurt - many jobs being lost!”
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