President Trump claims the US is 25 years ahead of its rivals in nuclear submarines
US President Donald Trump said that his country is superior in developing nuclear submarines, 25 years ahead of all other countries.
According to RIA Novosti on October 29, US President Donald Trump declared that the US is far superior to other countries in military technology, especially in the development of nuclear submarines.
"We are number one in the military - in terms of the quality of our weapons, in terms of our capabilities. And all the countries want to buy our weapons. In terms of nuclear submarines, we are 25 years ahead of our competitors," President Donald Trump said at the APEC summit in Gyeongju, South Korea, on October 28.
Mr. Trump added that the US is also holding a leading position in the fields of quantum technology, artificial intelligence and nuclear development.
In his speech, referring to the economy, President Trump said the US has attracted $18 trillion in investment in the first nine months of his second term and this figure could reach $22 trillion by the end of 2025.
"It's been more than nine months. In less than a year, we've secured $18 trillion in new investment... I think by the end of the first year of my second term, we'll have secured $20, $21, or even $22 trillion in new investment," the US leader emphasized.
President Donald Trump has declared that the US economy is undergoing a “revolution” and is growing at a rate of 3.8% GDP, a figure he said is three to four times higher than what experts had expected.
"We are experiencing an economic revolution. GDP growth is 3.8% - three times, even four times faster than many people predicted," President Trump said at the APEC summit.
The White House boss noted that the US set a record for economic growth in the second quarter and the next quarter is expected to see growth of about 4%.
In addition, President Trump also expressed high expectations for an agreement with China, after meeting with President Xi Jinping.
"I think we're going to make a deal. I think it's going to be a good deal for both sides. And it's a great outcome, better than having to fight and go through all these problems that don't exist," President Trump said.
The meeting between the US and Chinese leaders is scheduled to take place on October 30 in South Korea. Relations between the two countries have recently become tense, with both Washington and Beijing describing the economic situation as a trade war.
