Donald Trump has cast blame on “badly run and weak companies” that are struggling in the wake of his stiff international tariffs, and suggested that the US would have “one of the biggest Stock Market increases” if the US Federal Reserve would just cut interest rates.

Mr Trump’s claims come amid mounting signs that his trade war with China is damaging the US economy, and as American companies have complained that the stiff tariffs have put extra strain on manufacturers as the sector has slowed.

The attack on the Fed has become a mainstay of the president’s in recent weeks, too, as he seeks to put pressure on the financial regulator to cut interest rates in spite of his insistence that the US economy is strong. The Fed generally cuts borrowing costs when the economy needs help — to spur the flow of capital — and raises the rates during a strong economy to keep economic excesses in check. The Fed cut rates for the first time since the 2008 financial crisis earlier this year.

“If the Fed would cut, we would have one of the biggest Stock Market increases in a long time. Badly run and weak companies are smartly blaming these small Tariffs instead of themselves for bad management...and who can really blame them for doing that? Excuses!” Mr Trump tweeted on Friday morning.

Earlier in the morning, Mr Trump also claimed that the Fed is responsible for allowing Europe to gain a trade advantage over the US, as the Euro drops in value compared to the dollar.

Trump protests: President visits Texas and Ohio after mass shootings Show all 31 1 /31 Trump protests: President visits Texas and Ohio after mass shootings Trump protests: President visits Texas and Ohio after mass shootings Miami Valley Hospital, Dayton Demonstrators chant as they protest the arrival of President Donald Trump outside Miami Valley Hospital after a mass shooting that occurred in the Oregon District AP Trump protests: President visits Texas and Ohio after mass shootings El Paso Trump headed to El Paso, after visiting Dayton, Ohio to offer a message of healing and unity, but he was met by hostility in both places by people who fault his own incendiary words as a contributing cause to the mass shootings AP Trump protests: President visits Texas and Ohio after mass shootings El Paso, University Medical Centre US President Donald Trump greets first responders as he visits El Paso Regional Communications Centre AFP/Getty Trump protests: President visits Texas and Ohio after mass shootings El Paso, University Medical Centre An anti-Trump protestor holds a sign as police are lined up outside University Medical Centre Getty Trump protests: President visits Texas and Ohio after mass shootings El Paso Demonstrators hold a sign as the motorcade carrying President Donald Trump departs a joint operations center after meeting with first responders after the El Paso mass shooting, Wednesday, Aug. 7, 2019, in El Paso, Texas. (AP Photo/Evan Vucci) Evan Vucci AP Trump protests: President visits Texas and Ohio after mass shootings El Paso Anti-Trump protesters hold a banner outside the makeshift memorial to the victims of the WalMart shooting that left a total of 22 people dead, in El Paso, Texas, on August 7, 2019. - President Donald Trump consoled victims of a mass shooting in Ohio on Wednesday but protesters and opponents denounced what they say is his extremist rhetoric on race and immigration. The president's trip to Dayton, where nine people were gunned down over the weekend, was to be followed immediately after by a stop in the border city of El Paso, Texas, where 22 were murdered. (Photo by Mark RALSTON / AFP)MARK RALSTON/AFP/Getty Images MARK RALSTON AFP/Getty Trump protests: President visits Texas and Ohio after mass shootings Miami Valley Hospital, Dayton Demonstrators gather to protest the arrival of President Donald Trump outside Miami Valley Hospital after a mass shooting that occurred in the Oregon District early Sunday morning, Wednesday, Aug. 7, 2019, in Dayton. Twenty-four-year-old Connor Betts opened fire in Dayton early Sunday, killing several people including his sister, before officers fatally shot him. (AP Photo/John Minchillo) John Minchillo AP Trump protests: President visits Texas and Ohio after mass shootings El Paso Democratic presidential candidate Beto ORourke hugs a woman at a makeshift memorial outside Walmart honoring victims of the mass shooting there which left 22 people dead. Getty Trump protests: President visits Texas and Ohio after mass shootings El Paso Anti-Trump protesters hold signs outside the makeshift memorial to the victims of the WalMart shooting that left a total of 22 people dead, in El Paso, Texas, on August 7, 2019. - President Donald Trump consoled victims of a mass shooting in Ohio on Wednesday but protesters and opponents denounced what they say is his extremist rhetoric on race and immigration. The president's trip to Dayton, where nine people were gunned down over the weekend, was to be followed immediately after by a stop in the border city of El Paso, Texas, where 22 were murdered. (Photo by Mark RALSTON / AFP)MARK RALSTON/AFP/Getty Images MARK RALSTON AFP/Getty Trump protests: President visits Texas and Ohio after mass shootings El Paso Marisela Hernandez holds sign to protest the visit of President Donald Trump to the border city after the Aug. 3 mass shooting in El Paso, Texas, Wednesday, Aug. 7, 2019. Aiming to play the traditional role of healer during national tragedy, President Donald Trump paid visits Wednesday to cities reeling from the mass shootings. (AP Photo/Andres Leighton) Andres Leighton AP Trump protests: President visits Texas and Ohio after mass shootings El Paso, University Medical Centre An anti-Trump demonstrator holds up a placard outside the University Medical Center, where U.S. President Donald Trump holds a meeting with first responders in the wake of last weekend's mass shootings at a Walmart store, in El Paso, Texas, U.S., August 7, 2019. REUTERS/Jose Luis Gonzalez JOSE LUIS GONZALEZ Reuters Trump protests: President visits Texas and Ohio after mass shootings El Paso, University Medical Centre President Trump and First Lady Melania Trump greet PFC Glendon Oakley (second right), who saved several lives during the mass shooting in Texas AFP/Getty Trump protests: President visits Texas and Ohio after mass shootings Miami Valley Hospital, Dayton Demonstrators chant as they protest the arrival of President Donald Trump outside Miami Valley Hospital after a mass shooting that occurred in the Oregon District early Sunday morning, Wednesday, Aug. 7, 2019, in Dayton. (AP Photo/John Minchillo) John Minchillo AP Trump protests: President visits Texas and Ohio after mass shootings El Paso, University Medical Centre An anti-Trump demonstrator holds up a placard as police block the area outside the University Medical Center, where U.S. President Donald Trump holds a meeting with first responders in the wake of last weekend's mass shootings at a Walmart store, in El Paso, Texas, U.S., August 7, 2019. REUTERS/Jose Luis Gonzalez JOSE LUIS GONZALEZ Reuters/Amanda Voisard Trump protests: President visits Texas and Ohio after mass shootings El Paso Beto ORourke consoles a man at the makeshift memorial outside Walmart Getty Trump protests: President visits Texas and Ohio after mass shootings El Paso, University Medical Centre An anti-Trump demonstrator yells near police outside the University Medical Centre Reuters Trump protests: President visits Texas and Ohio after mass shootings El Paso TOPSHOT - El Paso residents protest against the visit of US President Donald Trump to the city after the Walmart shooting that left a total of 22 people dead, in El Paso, Texas, on August 7, 2019. - President Donald Trump consoled victims of a mass shooting in Ohio on Wednesday but protesters and opponents denounced what they say is his extremist rhetoric on race and immigration. The president's trip to Dayton, where nine people were gunned down over the weekend, was to be followed immediately after by a stop in the border city of El Paso, Texas, where 22 were murdered. (Photo by Mark RALSTON / AFP)MARK RALSTON/AFP/Getty Images MARK RALSTON AFP/Getty Images Trump protests: President visits Texas and Ohio after mass shootings Dayton President Donald Trump and First Lady Melania Trump arrive at Wright-Patterson Air Force Base AP Trump protests: President visits Texas and Ohio after mass shootings El Paso Makeshift memorial for victims of the shooting that left a total of 22 people dead at the Cielo Vista Mall Walmart AFP/Getty Images Trump protests: President visits Texas and Ohio after mass shootings Miami Valley Hospital, Dayton Demonstrators gather to protest the arrival of President Donald Trump outside Miami Valley Hospital after a mass shooting that occurred in the Oregon District early Sunday morning, Wednesday, Aug. 7, 2019, in Dayton. (AP Photo/John Minchillo) John Minchillo AP Trump protests: President visits Texas and Ohio after mass shootings President Trump greets Dayton Mayor Nan Whaley as he arrives at Wright-Patterson Air Force Base AFP/Getty Trump protests: President visits Texas and Ohio after mass shootings Miami Valley Hospital, Dayton Demonstrators gather to protest the arrival of President Donald Trump outside Miami Valley Hospital after a mass shooting that occurred in the Oregon District early Sunday morning, Wednesday, Aug. 7, 2019, in Dayton, Ohio. Twenty-four-year-old Connor Betts opened fire in Dayton early Sunday, killing several people including his sister, before officers fatally shot him. (AP Photo/John Minchillo) John Minchillo AP Trump protests: President visits Texas and Ohio after mass shootings Dayton Damon Smith presents a message to President Donald Trump beside a makeshift memorial in Dayton AP Trump protests: President visits Texas and Ohio after mass shootings Miami Valley Hospital, Dayton Demonstrators gather in front of an inflatable "Baby Trump" to protest the presidents arrival AP Trump protests: President visits Texas and Ohio after mass shootings Miami Valley Hospital, Dayton Demonstrators gather to protest the arrival of President Donald Trump outside Miami Valley Hospital after a mass shooting that occurred in the Oregon District early Sunday morning, Wednesday, Aug. 7, 2019, in Dayton. President Donald Trump is headed to Dayton and El Paso, Texas on Wednesday to offer a message of healing and unity, but he will be met by unusual hostility in both places by people who fault his own incendiary words as a contributing cause to the mass shootings . (AP Photo/John Minchillo) John Minchillo AP Trump protests: President visits Texas and Ohio after mass shootings El Paso A photo of victim Javier Amir Rodriguez, a 15-year-old sophomore Getty Trump protests: President visits Texas and Ohio after mass shootings Dayton Demonstrators protest the visit of US President Donald Trump to the site of the mass shooting in Dayton, Ohio, on August 7, 2019. - Nine people were killed on August 4 in the city's popular Oregon District. (Photo by Megan JELINGER / AFP)MEGAN JELINGER/AFP/Getty Images MEGAN JELINGER AFP/Getty Trump protests: President visits Texas and Ohio after mass shootings El Paso A message is left for Donald Trump AFP/Getty Trump protests: President visits Texas and Ohio after mass shootings El Paso Signs and flags adorn the makeshift memorial for victims of the shooting that left a total of 22 people dead at the Cielo Vista Mall Walmart, in El Paso, Texas, on August 7, 2019. (Photo by Mark RALSTON / AFP)MARK RALSTON/AFP/Getty Images MARK RALSTON AFP/Getty Trump protests: President visits Texas and Ohio after mass shootings El Paso People hug at the makeshift memorial AFP/Getty Trump protests: President visits Texas and Ohio after mass shootings El Paso People pray at the makeshift memorial AFP/Getty

“The Euro is dropping against the Dollar “like crazy,” giving them a big export and manufacturing advantage...and the Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S.”, Mr Trump wrote.

The manufacturing sector’s output has slowed for two consecutive quarters, leading many to note that the circumstances have met the standard definition of a recession.

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The sector, which Mr Trump pledged to revive as a presidential candidate, is among the hardest hit by Mr Trump’s trade war with China, and could complicate his hopes of re-election next year if the economic situation continues to deteriorate.

Manufacturing plays a key role in several states that helped Mr Trump along to his surprise win in 2016, including Pennsylvania, Wisconsin, and Michigan.