President Trump complains that 'badly run' companies are blaming tariffs for their problems, refusing to acknowledge how his trade wars with China and Europe have roiled the economy.
President Trump said Friday that “badly run and weak companies” are blaming him, not their own “bad management,” for an economic slowdown and continued to attack the Federal Reserve, telegraphing his growing unease about the economy and strenuously trying to avoid any blame attached to his trade policies.. “Badly run and weak companies are smartly blaming these small Tariffs instead of themselves for bad management...
“There’s real frustration and some concern, obviously, about what could happen if this goes the wrong way,” said one senior administration official, speaking on condition of anonymity. “And there’s a sense that we have to message on this hard because the media is going to focus on any bit of bad news.”
Two of Trump’s tweets Friday suggested that he may be reconsidering an idea he seemed to rule out just days ago: indexing capital gains. He retweeted a tweet from the Club for Growth, a conservative group, which urged that. And he quoted a similarly encouraging tweet from Steve Forbes, asking: “An idea liked by many?”
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