So Far Trump Has Called Out 6 Companies: Here's How They've Done

By Brittany Lyte on 3 February 2017 0 comments

Even before he took over the @POTUS Twitter account, President Trump had long been using the 140-character social media network to settle scores, sound off on critics, initiate attacks, as well as denounce or praise the mechanics of several American businesses. Find out what happened to companies Trump has boosted or blasted. (See also: 6 Ways a Donald Trump Presidency Could Impact Your Wallet)

1. The New York Times

On several occasions, Trump has taken on The New York Times on Twitter, calling the newspaper "so totally wrong," among other things. In one anti-Times Twitter episode, Trump claimed that the newspaper "is losing thousands of subscribers because of their very poor and highly inaccurate coverage of the 'Trump phenomena.'"

So how did The Great Gray Lady fare? In a tweet responding to Trump's claims of falling readership, the newspaper's parent company said that new subscriptions were surging on the heels of Trump's public criticism. As a result, stock in the Times' parent company soared tenfold immediately following Election Day.

2. Boeing

Trump called for the cancellation of a deal with Boeing to develop a new Air Force One. "Cancel order!" he tweeted, calling the situation "totally out of control," citing sky high costs.

In the immediate wake of the incident, nervous investors drove Boeing stock down by selling off shares, but the stock's value ultimately rebounded. Boeing has since engaged in several talks and price negotiations with Trump, and company officials have said that the two parties are close to making a deal on the cost of the new presidential aircraft fleet.

3. L.L. Bean

Linda Bean, granddaughter of L.L. Bean's founder, came under fire in the media when news broke that the thousands of dollars she had donated toward Trump's presidential candidacy were, in fact, illegal. Liberal groups responded by initiating boycotts of the Maine retailer. Then Trump chimed in: "Thank you to Linda Bean of L.L.Bean for your great support and courage. People will support you even more now. Buy L.L.Bean," he said on Twitter.

In an interview on Fox Business Network, Linda Bean said her company experienced an "uptick" in business after Trump's tweet. She did not provide specific numbers.

4. Fiat Chrysler

"It's finally happening," Trump tweeted. "Fiat Chrysler just announced plans to invest $1 BILLION in Michigan and Ohio plants, adding 2,000 jobs." The praise came after Trump criticized automakers for importing vehicles to the U.S. from Mexico. Fiat officials said its decision to make the $1 billion investment praised by Trump had long been in the works, and was not in reaction to criticism by Trump. "It wasn't a pre-emptive strike against a tweet," said Fiat Chrysler CEO Sergio Marchionne.

Nonetheless, Fiat's stock value enjoyed a bump on the heels of the announcement of its investment in Michigan and Ohio, and Trump's subsequent kudos.

5. Carrier

A hallmark of the Trump campaign was keeping American jobs within U.S. borders. For Trump, news that Carrier would export 1,400 jobs from Indiana to Mexico became a symbol of a larger problem. But Trump moved to negotiate with the company, securing a deal in which more than half the jobs said to be headed for Mexico would instead remain in Indiana. As part of the deal, the air conditioning manufacturer received seven million dollars in tax incentives. "Big day on Thursday for Indiana and the great workers of that wonderful state," Trump tweeted. "We will keep our companies and jobs in the U.S. Thanks Carrier."

Carrier benefited from Trump's use of the company's plans to export U.S. jobs to Mexico by becoming the recipient of $7 million in state tax breaks.

6. CNN

"You are fake news," Trump told a CNN reporter at the last news conference before his inauguration, adding, "Your organization is terrible." The remarks by Trump came after CNN reported that intelligence officials had briefed Trump on an unverified document alleging that the Russian government has compiled unflattering and compromising information about him. Trump punctuated his opinion on CNN's reporting of the matter with a tweet: "@CNN is in a total meltdown with their FAKE NEWS because their ratings are tanking since election and their credibility will soon be gone!" CNN responded by saying that it stands by the story.

Despite losing viewers since the election, CNN is up in year-to-date viewership. CNN's Jake Tapper, who contributed reporting to the network's story on the dossier allegedly compiled by Russia, tweeted this: "@TheLeadCNN was #1 in its time slot in the demo Tuesday, thanks for watching folks!!"

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