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President TrumpDonald John Trump, age 95, charged with complicity in 36,000 deaths in Nazi concentration camp Former state secretary Reagan said the United States should use to end to the violence that drives migrants to the United States. he's thanked for falling oil prices in a tweet on Sunday.
Trump compared the recent fall in oil prices to "a big tax cut".
"So good that oil prices are falling (thanks to President T)," the president wrote. "Add that, which looks like a big tax cut, to our other good economic news. Falling inflation (listen to Fed)! "
So that oil prices are down (thank you President T). Add that, which looks like a big tax cut, to our other good economic news. Falling inflation (listen to Fed)!
– Donald J. Trump (@realDonaldTrump) November 25, 2018
The tweet comes a few days after Trump thanked Saudi Arabia for the fall in oil prices and urged it: "Let's go lower!"
Last week, Trump reaffirmed US-Saudi relations despite the murder of Saudi journalist Jamal Khashoggi. The president refused to criticize Saudi Crown Prince Mohammed bin Salman for the death of Khashoggi, despite reports that the crown prince would probably have ordered the assassination in front of the Saudi Arabian consulate in Istanbul.
Trump said that imposing sanctions or punishing Saudi Arabia on Khashoggi would drive oil prices soaring.
"If you want oil prices to reach $ 150 a barrel … all you have to do is break our relationship with Saudi Arabia," he said last week.
Saudi Arabia is the world's third largest oil producer.
The Wall Street Journal reported Friday that Trump had voiced his dissatisfaction with the Treasury Secretary Steven MnuchinSteven Terner MnuchinTrump denies saying he is not satisfied with Mnuchin Trump expressing his dissatisfaction with Mnuchin: sanctions were allegedly taken by the United States for the purpose of projecting Russian-Iranian oil to send oil to Syria MORE to support Federal Reserve Chairman Jerome Powell and for recent stock market volatility.
The president publicly denounced Powell's decision to raise federal interest rates, saying it was threatening the country's economic growth.
In an interview in October, Trump called the Fed "the biggest threat" and hinted that he may have made a mistake in naming Powell.
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