Pecohub Former President Donald Trump warned of potentially bad news for Starbucks and McDonald’s on Monday while discussing his plans for tariffs against foreign countries.
While appearing on CNBC’s Squawk Box, Trump was asked by co-host Melissa Lee if he has any concerns about China imposing “retaliatory tariffs” on American companies such as McDonald’s and Starbucks if he were to impose tariffs on China as president.
“They might do that, but, you know, they didn’t do it with me,” Trump said.
When pressed on the potential difficulty of American companies doing business abroad, Lee asked if Trump would tell Starbucks and McDonald’s that they could suddenly face challenges. Trump responded, “Sure.”
“We went through years. They didn’t do it with me, and they never pulled that trigger. That’s a big trigger for them to pull, but even if they do, let American companies come back to America,” he said.
