Donald Trump Has Once more against the media, but this time to blame reporters who tried to plunder the US economy for a second term in the White House.
The President's attack follows after Trump has delayed the imposition of some additional tariffs on China, as the two countries are involved in a continuing trade war, and after some economists have warned of a looming recession affecting the presidential election prospects could.
"The fake news media are doing everything they can to bring down the economy because they think it will be bad for me and my re-election," Trump said.
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He continued, "The problem they have is that the economy is like that strong and We're going to make big profits in trading soon, and everyone knows that, including China! "
The decision to withhold additional tariffs on Chinese goods has been taken, at least in part, to protect US consumers from the impact of higher costs as consumers go shopping at the beginning of the busy holiday season.
At least that's how Economics Minister Wilbur Ross explained the decision in a performance on CNBC.
"Nobody wants to take the risk of disturbing the holiday season," he said.
However, analysts said the decision reflects the increasingly arbitrary nature of the dispute, which Mr. Trump has made central to his foreign policy doctrine.
"The US-China tariff has fallen into a stalemate, more specifically, into purgatory," said Scott Kennedy, consultant at the Center for Strategic and International Studies business insider,
He continued, "The two sides are now involved in a conversation of increasing importance, in terms of individual tariff lines and purchased goods."
Wall Street analysts are also watching closely for signs of a renewed recession in the US market, with a closely watched point on the yield curve being inverted.
Every time the yield curve has reversed over the past 50 years, the US economy has fallen into recession. However, it can take up to 24 months for a recession to be fully felt.