TRUMP TWEETS: Countries need to protect their OWN, slams Federal Reserve

JUNE 24, 2019

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President Trump said Monday morning that it’s time other countries start protecting their own ships!

He wrote, in a two-part Twitter post:

China gets 91% of its Oil from the Straight, Japan 62%, & many other countries likewise. So why are we protecting the shipping lanes for other countries (many years) for zero compensation. All of these countries should be protecting their own ships on what has always been a dangerous journey.

We don’t even need to be there in that the U.S. has just become (by far) the largest producer of Energy anywhere in the world! The U.S. request for Iran is very simple – No Nuclear Weapons and No Further Sponsoring of Terror!

In another statement on Twitter, the president slammed the Federal Reserve, saying it doesn’t even know what it’s doing, but in spite of that, the economy is on track for one of the best months of June in history. He tweeted:

Despite a Federal Reserve that doesn’t know what it is doing – raised rates far too fast (very low inflation, other parts of world slowing, lowering & easing) & did large scale tightening, $50 Billion/month, we are on course to have one of the best Months of June in US history…

…Think of what it could have been if the Fed had gotten it right. Thousands of points higher on the Dow, and GDP in the 4’s or even 5’s. Now they stick, like a stubborn child, when we need rates cuts, & easing, to make up for what other countries are doing against us. Blew it!

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