US President Donald Trump has suggested the Federal Reserve could support the US in its simmering trade battle with China.

The trade dispute between the world’s two largest economies escalated this week with tariff hikes on both sides.

In a post on Twitter, Mr Trump said China would move to stimulate its economy to deal with the fallout.

If the Fed were to “match” that potential Chinese stimulus, it would be “game over”, he said.

“China will be pumping money into their system and probably reducing interest rates, as always, in order to make up for the business they are, and will be, losing,” Mr Trump wrote on Twitter.

LEAVE A REPLY

Please enter your comment!
Please enter your name here