Trump blames "misguided and weak" companies for struggling to meet tariffs he has imposed

Donald Trump has blamed the "poorly run and weak companies" that are struggling under the severe weight of his international tariffs and has suggested to the United States to obtain "one of the biggest increases in the stock market" if the US Federal Reserve had just cut interest rates.

Trump's claims come as more and more signs show that his trade war with China is hurting the US economy and that US companies have complained about the hardening of tariffs that has weighed on US manufacturers. slowed down the sector.

The Fed's attack has become a pillar of the President in recent weeks as well, as it seeks to pressure the financial regulator to lower interest rates despite the insistence on the strength of the economy. US. The Fed typically reduces borrowing costs when the economy needs help – to stimulate capital flows – and raises rates during a strong economy to contain economic excesses. The Fed has cut rates for the first time since the 2008 financial crisis earlier this year.

"If the Fed went down, we would have one of the biggest rises in the stock market for a long time. Mismanaged and weak companies smartly accuse these small tariffs instead of themselves for mismanagement … and who can really blame them? Excuses! Tweeted Mr. Trump Friday morning.

Earlier in the morning, Mr Trump also claimed that the Fed had the responsibility to give Europe a commercial advantage over the United States, as the value of the euro fell against the dollar.

"The euro falls against the dollar" like crazy ", which gives them an important advantage in terms of export and manufacturing … and the Fed does not do anything! Our dollar is now the strongest in history. Sounds good, is not it? Except those (manufacturers) who make products for sale outside the United States, "Trump wrote.

Production in the manufacturing sector slowed for two consecutive quarters, prompting many to find that the circumstances met the standard definition of a recession.

The sector, which Trump has pledged to revive as a presidential candidate, is one of the hardest hit by Trump's trade war with China and could complicate his hopes for re-election. next year if the economic situation continues to deteriorate.

Manufacturing plays a key role in several states that helped Trump win his surprise win in 2016, including Pennsylvania, Wisconsin and Michigan.

Mr Trump said he planned to further increase tariffs on imports from China from 25 to 30%.