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US has 'a Fed problem', not 'a tariff problem': Trump

Last Updated 30 August 2019, 17:37 IST

President Donald Trump on Friday denied his trade wars were harming the US economy, instead of blaming the Federal Reserve for allowing a strong dollar that makes American exports less competitive.

"We don't have a Tariff problem.... we have a Fed problem," Trump said on Twitter.

He said as the euro falls against the dollar, it is "giving them a big export and manufacturing advantage," while his aggressive tariffs are taking care of "bad and/or unfair players."

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(Published 30 August 2019, 14:34 IST)

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