Trump threatens to stop trading with some partners unless Fed cuts rates
Translated from English and summarized by DistantNews. Read the original for the full story.
At a glance
- President Donald Trump threatened to stop trading with countries where the United States has a trade deficit unless the Federal Reserve lowers interest rates.
- Trump cited a strong August jobs report and said the United States had become a stronger credit than it was recently.
- He issued the threat in a post on his Truth Social platform.
President Donald Trump threatened on Friday to stop trading with countries where the United States runs a deficit unless the Federal Reserve lowers interest rates.
Trump cited what he called a strong August jobs report as justification for demanding a rate cut. In a post on Truth Social, he wrote: โLower the interest rates because the U.S.A. is a much stronger credit than it was just a short time ago!โ
Lower the interest rates because the U.S.A. is a much stronger credit than it was just a short time ago!
He followed that with a direct warning: โLOWER THE RATE OR IโLL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT.โ
LOWER THE RATE OR IโLL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT.
Originally published by LBCI Lebanon in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.