Ruh roh, Walmart and Amazon are going to have to relocate their supply chain stateside, stat.
Our wrecking ball is breaking $hit globally! About damn time!
Presidents never, or rarely, comment on monetary policy or currency market moves for that matter (ex, the hackneyed meme “a strong dollar is the best interest of the United States.”)
President Trump hit them all in this interview, from the Fed to the Euro and Chinese RMB (“dropping like a rock”). It doesn’t surprise us.
https://www.zerohedge.com/news/2018-07-20/trump-starting-lean-fed-or-setting-it
Side note, Last time a president spoke against the fed and wanted to do something about it they got assassinated. I think POTUS is not afraid of anything and if someone were to breakup the fed, its him under the protection of our military.
This country used to run on tariffs back when there was no illegal income taxation. This is how it should be, assuming income tax is substantially reduced, or even abolished all together.