Donald Trump denied on Monday that the United States is facing inflation and claiming that there is no “inflation” and that food prices drop before moving its criticism to China.
Trump also defended his tariff.
“Oil prices are falling, interest rates are falling (slowly moving Feds should be reduced!), Food prices have fallen, there is no inflation, and a long -abused US brings billions of dollars a week from abusing countries to tariffs that are already introduced (SIC),” he said. “
Previously, JPMorgan Chase, Jamie Dimon, warned on Monday in a letter to shareholders that the wide tariffs of US President Donald Trump would “probably increase inflation”.
“Whether the tariff offer causes the recession to remain dubious, but slows down growth,” Dimon said, adding that “recent tariffs are likely to increase inflation.”
Trump’s Dig in China
Donald Trump continued to dig into China and said that the country had not recognized its warning against retaliation.
“This is, despite the fact that the largest rapist of all, China, whose markets have collapsed, has just increased its tariffs by 34%, except for its long -term ridiculously high tariffs (plus!), Did not recognize my countries to abuse countries to retaliate,” he said.
Trump said that other countries are using “good Ol” USA “and added that” past leaders “must be accused of such a situation.
“They have earned enough for decades, using the good OL ‘USA! Our past” leaders “are to blame for allowing it, and enough to become our country. Again, America will become great,” Trump said.
Donald Trump prevents tariffs
Since he announced retaliatory tariffs 3. April, Donald Trump has repeatedly defended his step, although the US stock markets were the worst in five years and economists have described serious consequences.
It insisted that its tariffs were necessary to re -balance global trade and restore domestic production.
On Sunday he posted a video of himself when he hit the ride and told reporters on board Air Force One that he won the club championship. “It’s good to win,” Trump said. “You’ve heard i won, right?”
He also said that he would not return from his tariffs despite the riots in global markets and concerns about the recession. “Sometimes you have to take medication to correct something,” Donald Trump said on the day.
(Tagstotranslate) Donald Trump
