President Donald Trump on Friday denied his trade wars were harming the US economy, instead blaming the Federal Reserve for allowing a strong ...
WASHINGTON: President Donald Trump on Friday denied his trade wars were harming the US economy, instead blaming the Federal Reserve for allowing a strong dollar to make American exports less competitive.
The remarks came just two days before Washington is due to impose a wave of a new tariffs on billions in Chinese imports after this month's sharp deterioration in trade relations with Beijing."We don't have a Tariff problem .... we have a Fed problem," Trump said on Twitter.— Donald J.
Fears that Trump's trade wars are damaging the world's largest economy and pushing the world toward recession have rippled through global markets this month - with investors soothed this week by the more positive tone struck by Chinese and US officials.But Trump has frequently lashed out at Chinese and European authorities, accusing them of deliberately weakening their currencies to gain unfair trade advantages - charges they have denied.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'They've been recording us,' Mexico president says as hidden camera found in officesMexican President Andres Manuel Lopez Obrador said on Thursday unseen forces were spying on him and his cabinet, revealing that a 'sophisticated camera' had been discovered at the presidential offices in central Mexico City. During a regular daily news briefing, in which he usually expounds
Read more »
US agriculture secretary pledges Trump will announce way to boost biofuel demandPresident Donald Trump will announce a plan to boost demand for biofuels, which farmers and producers say has suffered from waivers the ...
Read more »
US ag secretary says Trump will announce way to boost biofuel demand soonPresident Donald Trump will announce a plan to boost demand for biofuels, which farmers and producers say has suffered from waivers the ...
Read more »
US agriculture secretary says Trump will announce way to boost biofuel demand soonPresident Donald Trump will announce a plan to boost demand for biofuels, which farmers and producers say has suffered from waivers the ...
Read more »
New China tariffs a 'job killer,' US industry tells TrumpPresident Donald Trump's new tariffs on Chinese goods are a 'job killer' that will slam consumers and could make a recession more likely, industry groups said Wednesday. The latest cry for peace in Trump's year-long trade war came just days before the first in series of tariff increases
Read more »
New China tariffs a 'job killer,' US footwear industry tells TrumpWASHINGTON: President Donald Trump's new tariffs on China are a 'job killer,' US shoe companies warned on Wednesday (Aug 28) pleading for them to ...
Read more »