The president defended his approach, accusing China of cheating the United States for years and unfairly targeting American farmers with its tariffs. But other administration officials have disputed those statements, and Trump has further confused things by saying the United States has not agreed to anything — yet. At other points, Trump criticised President Barack Obama, and he repeatedly overstated his own economic record. Job growth has slowed somewhat recently, but that is in line with economists’ expectations, given that the United States’ economic expansion is in a record-breaking 11th year. In his speech, Trump blamed any economic woes on the Federal Reserve, berating central bank officials for keeping interest rates too high and putting the United States at a competitive disadvantage to other countries.

Source: bd News24 November 13, 2019 04:59 UTC