Trump predicts "fantastic" GDP growth in Granite City speech, says US "wins" trade wars



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Speaking at a recent reopening of US Steel in the city of Granite City, Illinois, President Trump on Thursday announced his administration's recent victories over trade and economic growth. GDP) would be "great".

Trump called the reopening of the plant a "great victory" and an "honor". Looking around the present workers, Trump said, "I could be one of you."

The President also suggested that the Bureau of Economic Analysis report on GDP growth Friday will show a massive boost.

The big numbers announced tomorrow; I do not know what they are, but I think they'll be great, "Trump said.

"Someone predicted today, 5.3 [percent GDP growth] – I do not think it will happen" Trump said. "If she has a 4 in front, we will be happy, if she has a 3 – 3.8, 3.9, 3.7, we are OK These are unthinkable figures if I would have used those numbers during the"

Trump went on to describe how US Steel reopened factories and brought back jobs after announcing its tariffs on all imports of steel and aluminum, its administration justified for reasons of national security

"Together, we are really beginning to live by two very important rules: buying American and hiring American," Trump said.

Four local workers then took the scene one by one. Recent layoffs in the community and praising Trump's policies to help them get back to work.

TRUMP ANNOUNCES MAJOR COMMERCIAL CONCESSIONS OF EU AMID DURING COMMERCIAL WAR

Wednesday , Trump a year stated that he had obtained important trade concessions from officials of the European Union as part of an effort to avert a trade war between the United States and the United States. 39; EU.

After discussions at the White House with US officials, Trump announced in a Rose Garden joint submission that the delegation had agreed to increase imports of soy and liquefied natural gas. Both parties agreed to work towards the goal of zero tariffs and subsidies on non-automotive industrial goods, and to "resolve" recently imposed tariffs by both parties.

On Thursday, Trump called this agreement a "breakthrough".

"We warn cheaters of world trade," said Trump. "Nobody tears the United States of America … and that includes the protection of our great farmers."

TRUMP WILL FEED PIG FARMERS TO SWIM RATE

Also this week, the administration announced $ 12 billion in welfare programs for farmers who are suffering from retaliation from these Trump countries penalizing the rights to their exports to the US This decision has been criticized by conservatives who have long opposed targeted and ad hoc subsidies.

Progress on North Korea, saying that his hard rhetoric – including calling the dictator Kim Jong A "little man Rocket" – had led to unprecedented results. "You are the ones who make America even more beautiful," Trump said. conclusion of the speech.

Fox News' Adam Shaw contributed to this report.

Gregg Re is a publisher for Fox News. Follow him on Twitter @gregg_re .

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