Washington (CNN)As warning signs of an economic slowdown bubble up at home, President Donald Trump has amped up his trade war with China.And he’s using a … unique … way to do so.
This came after China announced a new round of tariffs against US-made goods.
Trump didn’t reserve his ire for China this week, either. “My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?” Trump mused on Twitter on Friday.
Trump appointed Powell the chair of the Federal Reserve in 2018, but has (apparently) soured on the pick. “Our Federal Reserve does not allow us to do what we must do. They put us at a disadvantage against our competition,” Trump tweeted on Thursday. He also said Wednesday that Powell had raised interest rates “too fast, too furious.”
Trump maintained at a news conference Wednesday that the US economy is in a great condition: “But our economy is the strongest in the world, by far. Nothing even close. And a lot of good things are happening.”
Despite it, Trump is pitching himself as a happy warrior in the trade war.
The President said he was “the chosen one” to take on China on Wednesday, while lifting his hands and raising his eyes to the sky.
Trump now heads out of the country — and further onto the international stage — for the G7 summit in France. He’s also reportedly unhappy to have to go.
The Point: Trump may sound like a happy warrior amid the trade war, but he’s certainly not acting like it.
And that was the week in 16 headlines.