The 3 most perplexing things Trump said in a confounding CNBC interview this morning
President Trump on Monday called into CNBC's Squawk Box, and he sure had a lot to say; it just wasn't always easy to follow his train of thought. Here are three standout moments from what was, at times, a confounding interview.
Pivot — Trump was asked if tech giants like Facebook, Apple, and Google should be broken up, but he never really answered. Instead, he let everyone know about how social media companies have treated him unfairly, even colluding with the Democrats to try to defeat him in the 2016 election. He then transitioned into talking about India's tax on Harley Davidson imports.
Lawsuits — Trump did eventually get around to saying that he thinks there's "something going on in terms of monopoly," but another issue, in his mind, is that the European Union is the entity suing these tech firms, not the U.S. "[The EU] is attacking our companies," he said. "But we should be doing what they're doing."
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Interest rates — Trump is not pleased with Federal Reserve Chair Jerome Powell and his colleagues for not lowering interest rates, arguing that it makes the U.S. less competitive in the global market, especially compared to China, which he said devalues its currency. Tim O'Donnell
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Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.
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