Former U.S. President and Republican presidential candidate Trump's policy proposals are widely believed to lead to a surge in U.S. inflation and a sharp increase in debt. In response to this, Trump went on a crazy defense in a recent interview.On October 16, Bloomberg published an exclusive interview with Trump. In a one-hour conversation with Bloomberg News editor-in-chief John Micklethwait, Trump refuted media statements about trade, deficits, interest rates, and the U.S. dollar, calling tariffs &#34;the most beautiful word in the dictionary&#34; and mocking the Federal Reserve Chairman.<h2>Trump Calls Tariffs &#34;the Most Beautiful Word in the Dictionary&#34;</h2>In a quarterly survey by The Wall Street Journal, most economists believe that if Trump returns to the White House, his policies would bring higher inflation, interest rates, and deficits compared to what would be implemented if Harris wins.In the interview with Bloomberg, Trump repeatedly dismissed economists' predictions and countered financial media statements about trade, deficits, interest rates, and the U.S. dollar, saying, &#34;You've been wrong all your life.&#34;Trump defended his protectionist policies, calling tariffs &#34;the most beautiful word in the dictionary.&#34; Trump does not believe that tariffs will disrupt supply chains or squeeze small businesses. He stated that companies will quickly move manufacturing back to the U.S. to avoid taxation.Trump is trying to offset the increased costs from tax cuts and preferential policies by threatening to impose tariffs across the board. However, economists believe that tariffs are unlikely to generate the revenue he needs. The Peterson Institute for International Economics estimates that tariffs could generate over $200 billion annually, compared to the projected revenue of $49 trillion for the U.S. in the 2024 fiscal year.<h2>Seeking Greater Influence on the Federal Reserve</h2>Trump stated that if he returns to the White House, he will adopt many unconventional strategies from his first term, including seeking greater influence on the Federal Reserve.Trump did not directly respond to whether he would dismiss Federal Reserve Chairman Powell, but he stated that the president has the right to tell the central bank chief how interest rates should change:<blockquote>&#34;If you're a very good president with good judgment, you should at least be able to talk to him.&#34;</blockquote>Trump also mocked the work of the Federal Reserve Chairman:<blockquote>&#34;This is the greatest job in government... You go to the office once a month and say 'flip a coin,' and everyone talks about you like you're God.&#34;</blockquote><h2>No Need to Split Google, Will Not Allow U.S. Steel Companies to be Acquired by Nippon Steel</h2>When asked whether the U.S. Department of Justice should seek to forcibly split Google, Trump stated that while he believes some measures should be taken to make the search engine &#34;fairer,&#34; it may not be necessary for Google's parent company Alphabet to divest some of its businesses.Trump also stated that for national security reasons, he would not allow U.S. steel companies to be acquired by Nippon Steel:<blockquote>&#34;Steel is a critical national security interest... There are some companies you have to own.&#34;</blockquote>

In an interview with Bloomberg, Trump fiercely criticized economists' forecasts and financial media's comments, calling tariffs "the most beautiful word in the dictionary" and defending his protectionist policies. He stated that tariffs would not disrupt the supply chain, and companies would quickly move manufacturing back to the United States to avoid taxation. Additionally, Trump seeks to have greater influence on the Federal Reserve, hinting at potential impact on interest rate policies

- Former President Trump defended his economic policies in a recent Bloomberg interview, claiming they would not lead to increased inflation or debt.  
- He argued that tariffs are beneficial and dismissed economists' predictions of negative impacts, asserting that businesses would relocate manufacturing to avoid taxes.  
- Trump also expressed intentions to exert greater influence over the Federal Reserve if re-elected, while downplaying the need for breaking up major tech companies like Google.

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Blowing tariffs, criticizing the Federal Reserve! Trump directly confronts the media: Your statements about "tariffs, deficits, interest rates, and the dollar" are all wrong