Trump: “My Only Question Is, Who Is Our Bigger Enemy, Jay Powell or Chairman Xi?”

Dubai – Masaader News­

Donald Trump reacted furiously after the head of the US central bank spoke about the economic risks of a trade war with China, according to BBC.

The president asked if Federal Reserve chairman Jerome Powell was a greater “enemy” than China’s leader Xi Jinping.

https://twitter.com/realDonaldTrump/status/1164914610836783104?s=19

It followed a speech in which Mr Powell said trade tensions were hitting the global economy and the Fed didn’t have a “rulebook” to deal with the fallout.

China imposed new tariffs, with Mr Trump promising retaliation.

The Fed chief has been under pressure from Mr Trump for a deep cut in interest rates, and has faced a series of derogatory Twitter posts from the president.