Axar.az
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1 April 2020


Trump blames Fed, strong dollar for US companies

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Earlier, the president alleged that the US Federal Reserve, not China, was the biggest hurdle to a US victory in the US-Chinese trade spat.

Axar.az reports citing Sputnik.

The Federal Reserve's monetary policy is keeping the US dollar too strong and making it difficult for US companies to compete globally, President Donald Trump has alleged in a fresh batch of tweets.

According to the president, on a "level playing field," US companies, "the greatest companies in the world," would outcompete anyone. Unfortunately, Trump suggested, absent "substantial Fed Cuts...and no quantitative tightening," this will not be possible

Date
2019.08.08 / 21:53
Author
Axar.az
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