WASHINGTON (Reuters) - U.S. President Donald Trump on Friday dug in on his criticism of the Federal Reserve’s policy on raising interest rates, saying it takes away from the United States’ “big competitive edge.”

U.S. President Donald Trump addresses a cabinet meeting as his daughter senior advisor Ivanka Trump listens in the Cabinet Room of the White House in Washington, U.S., July 18, 2018. REUTERS/Leah Millis

Trump, in posts on Twitter, also lamented the strength of the U.S. dollar and accused the European Union and China of manipulating their currencies.

American presidents have rarely criticized the U.S. central bank in recent decades because the independence of the Fed is seen as important for economic stability.

Trump, however, has made reducing U.S. trade deficits a priority and the combination of rising interest ratesFernando A. Flores is a magician. Before your very eyes he will transform the familiar into the fantastical and the fantastical into the familiar. His debut novel Tears of the Trufflepig is set on a border much like the U.S.-Mexico border that we think we know, but in his skillful hands we have jumped forward in time and sideways in space. His novel is a trip that will leave you with real-life thoughts and feelings.

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