Article 444HZ Attack on the Fed is Trump’s opening salvo in 2020 re-election campaign

Attack on the Fed is Trump’s opening salvo in 2020 re-election campaign

by
Guardian Staff
from Economics | The Guardian on (#444HZ)
Strains are showing in the US economy and the president knows a downturn would harm his chances for a second term

The strong economy that helped Donald Trump scrape through the midterm elections looks like it might make itself absent when he runs for re-election in 2020. In recent months, strains have started to appear that belie America's vigorous headline growth rate and its buoyant jobs market.

Last week the International Monetary Fund (IMF) warned that Trump's escalating trade war with China was beginning to hurt global trade.

Related: The G20: Donald Trump and the rise of the strongmen

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