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Trump Pins Dow Drop on China; Christie Blames Obama

Just in time for the Dow Jones’s massive 1000-point drop, GOP presidential candidates Donald Trump and Chris Christie took their campaign talking points to Fox News.

Trump, who called in to Fox & Friends, spent most of the segment lambasting America’s financial dependence on the Chinese markets:

“I’ve been talking about China for years. Because China’s going bad, it’s going to bring us down too, because we’re so heavily coupled with China. We are being run by people that don’t have a clue, they don’t know what they’re doing, they’re totally incompetent. We’ve got to stop.”

The New York real estate mogul repeated these points on Twitter, meanwhile converting the discussion into a platform for his campaign:

Christie came on America’s Newsroom afterwards to discuss the market drop, China and Trump’s comments. When co-host Martha MacCallum asked him what he’d do about it in the oval office, the New Jersey governor immediately attacked the Obama administration:

“First of all, what people need to know is, this is a history of failed policies by this president. What’s happened is, because this president has run up more debt than any president in American history, that debt has been given to us in large measure by the Chinese. Now, as the Chinese markets tend to have a correction, which they’re doing right now, it’s going to have an even greater effect because this president doesn’t know how to say no to spending, doesn’t know how to say no to a bigger and more intrusive government. So what you need to do in the oval office is reign this government in, stop running up so much debt. That’s what I did in New Jersey as governor, and it’s what I’d do as President of the United States.”

MacCallum immediately calls Christie out on New Jersey’s corporate tax rate, saying it hasn’t really changed under Christie’s governorship. He disagrees, claiming a $2.3 billion corporate tax cut he achieved during his five years in office.

Check out the clip below, courtesy of Fox News:

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[h/t The New York Times]
[Image via screengrab]

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