Trump laments lack of China-like control over Fed in trade war

President Donald Trump returns to the White House Friday after visiting Britain and France

The president said he felt the chamber had its priorities wrong.

On Monday, the Republican president said he would raise tariffs on Chinese imports further if he can not make progress in trade talks with Chinese President Xi Jinping at the G20 summit later this month.

Geng declined to confirm whether or not President Xi would meet Trump at the G20, promising that the foreign ministry would "release information on this when we have it".

China's foreign ministry said on Monday that China is open to more trade talks with Washington but has nothing to announce about a possible meeting. Last week Powell opened the door to a cut if trade tensions cause US businesses to cut back on investment and hiring. He said that he wants China to do well, but that "I don't want them to do as well as us".

Trump delivered his hardline message ahead of the G20 summit on June 28-29 in Osaka, which could mark a turning point in the trade dispute between the world's two biggest economies.

"He's doing a very big disservice", Trump said of Brilliant.

Trump's reversal on a threat to impose new tariffs on Mexico over migration from Central America lifted the mood at the G-20 finance ministers' meeting in Fukuoka, Japan, over the weekend. Since President Trump first implemented the tariffs, the communist regime has been battered by economic uncertainty and faltering growth while the US has enjoyed a level of prosperity not seen for a generation.

Flight delayed after passenger mistakes exit for toilet door
Air Marshall Arshad Malik, PIA's chief executive, ordered an inquiry into the incident. The startled passenger told airline staff she thought the door was for the toilet.

Should taking drugs in your youth exclude you from becoming Prime Minister?
And Foreign Minister Jeremy Hunt, 52, said he might have drunk a milkshake that was laced with drugs when he was younger. Raab said he smoked marijuana at uni and Johnson said he'd done both cannabis and cocaine while studying at Oxford.

'Straight pride' group removes Brad Pitt as mascot after actor complains
Because the straight pride parade falls under the First Amendment, Boston city officials are probably going to give them a permit. Hugo, a Republican candidate who ran for Congress in 2018, is listed as the president of Super Happy Fun America.

Trump also complained that even though he selected four of the Fed's five board members, including elevating Jerome Powell to chairman, "We have people on the Fed that really weren't, you know, they're not my people".

"If we didn't have [the threat of] tariffs, we wouldn't have made a deal with Mexico", Trump said. "We charge them nothing", Trump told CBS news in an interview on Monday. "It's put them at a tremendous competitive advantage, and we don't have that advantage because we have a Fed that doesn't lower interest rates", Mr. Trump said. "The United States is the piggy bank, it has all the money that others want to take from us, but they are not taking it so easy anymore, it's a lot different".

"They devalue their currency". He said the only reason Mexican officials agreed to changes was because he threatened their goods with tariffs. "We're expected to meet". Both leaders touted the meeting in typically hyperbolic terms, presumably in the hope of deceiving American policymakers into believing that they had accomplished something significant.

The interview was wide-ranging.

Trump is obviously not sure of how to deal with the emerging multiple polar world characterised by the emergency of countries like China, Russia and India as influential forces in world affairs.

The United States has already imposed 25% tariffs on $250 billion worth of goods. It also wants curbs on subsidies for Chinese state-owned enterprises and better access for US firms in Chinese markets.

Trump's threat about Chinese tariffs came amid growing concern by some business leaders questioning whether he is misusing tariffs - or the threat of imposing them - in ways that could hurt the US economy.

Related news:

Hot News

isis-killer-beheading-video-story-top Prince William and Kate Middleton Meet Animal Friends in Cumbria
Jun 12, 2019 - 00:23
A royal source tells ET that Meghan wanted to be in attendance as "the Queen's birthday celebration is a family event". He was joined by Princess Charlotte and Prince George who looked on as the Red Arrows flew overhead.

isis-killer-beheading-video-story-top Tree which symbolised Trump and Macron's friendship has died
Jun 11, 2019 - 00:59
Images showed only a yellow patch of grass in the spot on the White House South Lawn where the tree was planted. Trump clearly relished leading Macron along, but ultimately stood his ground despite Macron's entreaties.

isis-killer-beheading-video-story-top Bethesda announces streaming solution Orion
Jun 11, 2019 - 00:49
In between your Deathloops and your Doom Eternal announcements this morning, Bethesda announced something called Orion . The company claims that Orion can achieve a 20% latency reduction per frame and a 40% reduction in bandwidth.

isis-killer-beheading-video-story-top Rask, Bruins' top line have dominated elimination games in 2019 playoffs
Jun 11, 2019 - 00:43
Louis came up empty on the power play, Boston used a 5-on-3 advantage to jump in front in the first. Goaltender Jordan Binnington was the story once again in game five stopping 38-of-39 shots on goal.

isis-killer-beheading-video-story-top Thiem ends Djokovic history bid, faces Nadal for title
Jun 10, 2019 - 00:45
He earned a third match point when, unable to tackle Thiem's one-handed backhand, Djokovic sent a limp forehand into the net. Usually great at problem solving on the court, Djokovic's decision to continue with rushing to the net was baffling.

isis-killer-beheading-video-story-top Canadian GP: Vettel beats Hamilton to end pole drought
Jun 10, 2019 - 00:42
We knew the track would suit us but still we have to do the job. "I never ever want that to happen". The German won from pole position from qualifying in Montreal previous year .

isis-killer-beheading-video-story-top Rafael Nadal dominates Roger Federer to reach 12th Roland Garros final
Jun 10, 2019 - 00:39
Court-Philippe Chatrier is Nadal's most dominant court and the 33-year-old is entering the Nadal in vintage form. He added: "Every single time to beat one of them it's awesome , they've won more than 50 grand slams".

isis-killer-beheading-video-story-top Mnuchin says Trump could ease up on Huawei if trade talks advance
Jun 10, 2019 - 00:35
In a Twitter post that showed the two clasping hands, Mnuchin said he and Yi "had a candid discussion on trade issues". Not everyone is as sanguine about the economic impact of the trade tensions.

isis-killer-beheading-video-story-top Pauleta: Cristiano Ronaldo is on another level
Jun 10, 2019 - 00:32
He scored twice in the last three minutes to complete the 53rd hat-trick of his career and the seventh for his country. Felix wasn't on the field when Ronaldo came through with the late-game heroics.

isis-killer-beheading-video-story-top Microsoft Teases Xbox Scarlet Reveal in Hidden Codes - E3 2019
Jun 10, 2019 - 00:25
Even better? Xbox Game Pass for PC is also included as part of the Xbox Game Pass Ultimate option (via Windows Central ). This prevents someone from having to buy it full price or renew at the standard price at a later date.

isis-killer-beheading-video-story-top Google Stadia goes live in November
Jun 09, 2019 - 00:43
If we want to play at 720p, we will have to have a 10 Mbps connection . "So you know I'm pretty sure we're going to get there". When you see a video stall and say "buffering", it's because there aren't enough future frames available.

isis-killer-beheading-video-story-top Police raid on ABC 'clearly created to intimidate'
Jun 09, 2019 - 00:40
ABC chair Ita Buttrose said she had expressed her "grave concern" about the raids to the Australian government on Thursday. Dutton denied involvement in the police investigations and said his office was notified after the raids were carried out.

isis-killer-beheading-video-story-top Djokovic blasts worst ever conditions after Paris exit
Jun 09, 2019 - 00:30
Things were looking likely to be completed ahead of the women's final but rain returned and the players went off. Thiem broke to move into a 4-1 lead and then had a point to lead 5-1, which Djokovic saved with a forehand.

isis-killer-beheading-video-story-top 3 tourists die at Dominican Republic resort within 5 days
Jun 09, 2019 - 00:28
All three died of respiratory failure , according to Fox, which a family spokesman for Schaup-Werner called "beyond coincidence". In some unspecified time in the future of the tournament and in the times that followed we offered our complete enhance to Mr.

isis-killer-beheading-video-story-top E3 2019: Nintendo predictions, rumors and expectations
Jun 09, 2019 - 00:27
Ubisoft - The Assassin's Creed company will hold its briefing on June 10 at 1 PM PT / 4 PM ET / 9 PM BST (6 AM AET on June 11). Confirming earlier leaks, the upcoming Star Wars game looks like a mixture of Uncharted, Sekiro and Force Unleashed.