‘This Guy’s Brain Is Gone’: Trump Ripped After ‘Incredibly Stupid’ New Hot Take
‘This Guy’s Brain Is Gone’: Trump Ripped After ‘Incredibly Stupid’ New Hot Take
The president’s latest claim about international trade doesn’t seem to match reality.
Critics mocked President Donald Trump‘s strange new economic claim as he insisted that cutting off key trade partners would not only save Americans billions, but would also turn the United States into a “major money machine.”
Trump began by complaining about the Federal Reserve – America’s version of the Bank of England – for not cutting interest rates.
“We should have the lowest interest rates in the world,” he said, then griped that other countries have lower interest rates “only because of us, because they do business with us.”
He said the United States has the right to fight back with trade restrictions.
“They would go from a so-called elite country to a poverty-stricken country,” he said, adding:
“You take certain countries, I don’t want to mention any, but countries that you consider great, and they’re paying a half a point. All right? A half a point. But they make $40 billion a year with the United States. If they don’t make the 40 billion ― and we don’t need their product, doesn’t have to, we really don’t need their product ― so we cut off trade with that country, we just made 40 billion dollars, and you do a few countries like that and we become a big money machine.”
“You take certain countries, I don’t want to mention any, but countries that you consider great, and they’re paying a half a point. All right? A half a........
