U.S President Donald Trump insists that there is no inflation and that oil prices are down and so are the interest rates and food prices.
Taking on social media, Trump noted that the U.S is now bringing in billion from increased tariffs from those who ‘ abused’ the U.S.
He continued by accusing the previous regime of entertaining China even though their markets are currently crushing.
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“Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO INFLATION, and the long time abused USA is bringing in Billions of Dollars a week from the abusing countries on Tariffs that are already in place.
This is despite the fact that the biggest abuser of them all, China, whose markets are crashing, just raised its Tariffs by 34%, on top of its long term ridiculously high Tariffs (Plus!), not acknowledging my warning for abusing countries not to retaliate.
They’ve made enough, for decades, taking advantage of the Good OL’ USA! Our past “leaders” are to blame for allowing this, and so much else, to happen to our Country.” he said