The president of the United State Donald Trump in a post claimed that there are no inflation in the country while it is as well gaining from the tariff his administration imposed on goods from other countries.
Trump tariff was activated on April 2 while other countries like China counter his tariff with their own 34% on U.S. goods
The U.S president claimed that those countries has been ripping his countries off, asserting that despite China’s tariff, its market is still crashing
Trump post read: “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. MAKE AMERICA GREAT AGAIN!” he exclaimed.
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