This post was originally published on this site
President Donald Trump
President Donald Trump said Tuesday he backed the export of U.S.-made jet engines to China, in an apparent reference to reports that the administration was considering blocking a General Electric venture from selling them.
“We want to sell product and goods to China and other countries,” he said on Twitter. “As an example, I want China to buy our jet engines, the best in the World.”
Shares of GE GE, -0.39% dropped nearly 1% Tuesday, after the Wall Street Journal reported over the weekend that the Trump administration is considering a proposal to block GE’s joint venture with France-based Safran S.A. SAF, -1.04% SAFRY, -1.30% from selling the engines to China.
MUELLER LAWSUITS THREATENED
Trump also threatened to file lawsuits related to the Mueller investigation, saying it was “badly tainted” and should be thrown out.
Trump made his threat over a series of tweets, saying “If I wasn’t President, I’d be suing everyone all over the place…BUT MAYBE I STILL WILL. WITCH HUNT!”
The president’s fresh criticism of former Special Counsel Robert Mueller’s probe comes as Roger Stone, a longtime Trump associate, is scheduled to be sentenced on Thursday over charges including obstruction. Stone was the sixth ex-Trump aide to be convicted in cases that stemmed from Mueller’s investigation.
Now read: Roger Stone’s legal team calls for new trial.