Stock markets drop after Trump signals dissatisfaction with China negotiations

The Dow Jones fell after Trump said he isn’t satisfied with US-China trade talks and cast doubt on the North Korea summit

The Dow Jones stock index dropped 200 points on Tuesday after Donald Trump said he is not satisfied with US-China trade talks and cast doubt on whether a summit with North Korea, scheduled for 12 Jun in Singapore, will in fact take place.

The losses, which came after a 300 point gain a day earlier on optimism that a trade war had been at least temporarily averted, came amid growing signs of discord within the US negotiating team.

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Tesla hires Snap exec as engineering VP

(Reuters) – Electric carmaker Tesla Inc said on Tuesday it had hired Snapchat maker Snap Inc’s vice president of monetization engineering, Stuart Bowers, as VP of engineering, to work on its Autopilot software and other projects.

Lesley Stahl: Donald Trump Said He Attacks the Media “So When You Write Negative Stories About Me, No One Will Believe You”

In an appearance Monday night at the annual Deadline Club Awards Dinner in New York City, “60 Minutes” correspondent Lesley Stahl said that President Trump privately told her just after the 2016 election that he attacks the media as part of a conscious strategy to protect himself from damaging coverage.

Stahl stated that the conversation took place in Trump’s office at Trump Tower before she spoke to him for “60 Minutes” in his first post-election interview. According to Stahl, there were three people present: herself, her boss, and Trump.

Trump, she said, attacked the media during the meeting, and she asked him why he was continuing to do it after he’d won. Trump responded: “You know why I do it? I do it to discredit you all and demean you all so when you write negative stories about me no one will believe you.”

Stahl made the remarks during a conversation with fellow journalist Judy Woodruff:

WOODRUFF: How do you deal – I mean, you had the first interview with Donald Trump after the election, big scoop, everybody wanted this interview.

STAHL: I’m happy I got it.

WOODRUFF: I mean, how did you deal with it?

STAHL: Before the interview I met with him in Trump Tower. And he really is the same off camera that he is on camera, exactly the same. And at one point he started to attack the press. And it’s just me and my boss and him – he has a huge office – and he’s attacking the press. And there were no cameras, there was nothing going on. And I said, “You know, that is getting tired, why are you doing this? You’re doing it over and over and it’s boring, it’s time to end that, you’ve won the nomination [sic], and why do you keep hammering at this?” And he said: “You know why I do it? I do it to discredit you all and demean you all so when you write negative stories about me no one will believe you.” He said that. So put that in your head for a minute.

The Stahl and Woodruff conversation at the Deadline Club can be watched in full here. The section about Trump begins at about 21:00.

Stahl did not immediately respond to a request for further comment. Stahl’s remarks were first reported by the Intercept’s National Security Editor Vanessa Gezari on Twitter:

The post Lesley Stahl: Donald Trump Said He Attacks the Media “So When You Write Negative Stories About Me, No One Will Believe You” appeared first on The Intercept.