Merck, Under Armour, Intel CEOs resign from Trump panel

An hour after Kenneth Frazier quit Mr Trump responded with a swipe over drug prices

Frazier and his compatriots joined the ranks of Elon Musk of Tesla, Bob Iger of Walt Disney, and Travis Kalanick of Uber Technologies - executives who walked away from business panels Trump touted, taking the unusual steps of publicly distancing themselves from a sitting president.

I stand with others for equality and improving U.S. competitiveness.

Trump mocked the executive nearly immediately following the resignation, saying on Twitter that Frazier will now "have more time to LOWER RIPOFF DRUG PRICES!"

Frazier is one of the few African Americans to head a Fortune 500 company. "However, Under Armour engages in innovation and sports, not politics".

The president condemned the violent events in Charlottesville for a second time, during a statement at the White House Monday afternoon.

"Racism is evil and those who cause violence in its name are criminals and thugs, including the KKK, neo-Nazis, white supremacists and other hate groups that are repugnant to everything we hold dear as Americans", Trump said. When the New York Times's Andrew Ross Sorkin asked one unnamed chief executive why he had not spoken out in support of Frazier and his stance on the president, the executive said: "Just look at what he did to Ken".

While some chief executives directly called out Mr Trump in their resignation statements, Mr Liveris was more benign and did not mention the president.

Korea Tensions Ease Slightly as US Officials Play Down War Risks
As Trump tweeted last week: "Military solutions are now fully in place, locked and loaded, should North Korea act unwisely". Also within range are numerous 28,500 U.S. troops stationed in the South.

Like Plank, Frazier did not refer to Trump's remarks, but suggested that the political climate in Washington was making it impossible to rebuild the USA manufacturing base.

Michael Dell is the only tech CEO left on Trump's council, although he's still in good company.

Soon after Plank announced his resignation, Krzanich did the same, also through Twitter and with a public statement.

Plank is already being praised for leaving Trump's council, while others disagree with his stance. "We believe a strong manufacturing sector is the backbone of a strong economy, and we will continue to serve as a member of the White House Manufacturing Jobs Initiative".

"Whereas the president could have claimed to learn from the council, now it seems that he only listens when they agree with his opinion".

After the meeting, Krzanich announced that Intel would invest in a new factory in Arizona.

Before his Tuesday tweet, Trump had fired back at Frazier and the pharmaceutical giant twice Monday, but had not posted messages to Twitter that directly responded to the decisions by Plank or Krzanich. In a statement to employees, Krzanich justified the new plant and his decision to make the announcement at the White House, noting that the current tax system puts USA manufacturers at a disadvantage.

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