China is not America’s problem, the Federal Reserve is! We will win anyway, says U.S. President Donald J. Trump.
United States President Donald Trump on 31st of October slammed the United States of America’s Federal Reserve System, alleging that its policies are more damaging to the American economy than China.
President Trump on his Twitter page wrote, “China and the USA are working on selecting a new site for signing of Phase One of Trade Agreement, about 60% of total deal, after APEC in Chile was cancelled do to unrelated circumstances. The new location will be announced soon. President Xi and President Trump will do signing!”
“People are VERY disappointed in Jay Powell and the Federal Reserve. The Fed has called it wrong from the beginning, too fast, too slow. They even tightened in the beginning. Others are running circles around them and laughing all the way to the bank. Dollar & Rates are hurting our manufacturers,” wrote President Trump.
“We should have lower Interest Rates than Germany, Japan and all others. We are now, by far, the biggest and strongest Country, but the Fed puts us at a competitive disadvantage,” he wrote.
“China is not our problem, the Federal Reserve is! We will win anyway,” President Trump added.