Former President Donald Trump took to Truth Social on Monday, celebrating what he called a thriving U.S. economy while lambasting China for a recent 34% tariff increase.

In a fiery post, Trump highlighted falling oil prices, interest rates, and food costs, claiming “there is no inflation” and that the U.S. is raking in “billions of dollars a week” from existing tariffs on nations he labeled as “abusing” the country.

Trump singled out China as the “biggest abuser,” accusing Beijing of escalating its already “ridiculously high” tariffs despite warnings. He pointed to China’s crashing markets as evidence of their misstep, arguing that other countries have exploited the U.S. for decades without retaliation. “They’ve made enough, for decades, taking advantage of the Good Ol’ USA,” he wrote, blaming past American leaders for allowing such imbalances to persist.

The post also pressed the Federal Reserve to cut interest rates, calling the central bank “slow moving” despite the economic gains Trump claims. His signature rallying cry, “MAKE AMERICA GREAT AGAIN,” capped the message, reinforcing his narrative of restoring U.S. economic dominance.

Trump’s comments come amid heightened U.S.-China trade tensions, with tariffs remaining a contentious issue. While his post paints a rosy picture of the U.S. economy, critics argue that tariffs have mixed impacts, often raising costs for American consumers. As Trump’s rhetoric heats up, his focus on trade and economic nationalism signals a continued push to reshape global relations, a hallmark of his political brand.