Trump calls Koch brothers 'total joke,' 'overrated'

FBN’s Lou Dobbs discusses how U.S. billionaire brothers Charles and David Koch are funding a campaign against President Trump’s trade tariffs.

WASHINGTON, July 31 (Reuters) - U.S. President Donald Trump on Tuesday criticized billionaire industrialists Charles and David Koch as "globalist" and "a total joke," saying he says did not need the powerful conservative donor brothers' money or support.

Trump's comments follow media reports that the Koch donor network sought to distance itself from Trump and the Republican Party at a weekend gathering in Colorado where concerns were also raised that his trade policies could fuel a recession.

"The globalist Koch Brothers, who have become a total joke in real Republican circles, are against strong borders and powerful trade. I never sought their support because I don’t need their money or bad ideas," Trump said in a post on Twitter.

"Their network is highly overrated, I have beaten them at every turn."

(Reporting by Susan Heavey; editing by John Stonestreet)