Trump Calls for Lower Interest Rates Amidst China Tariff Reduction

In a recent statement on Truth Social, U.S. President Donald Trump reiterated his demand for the Federal Reserve (FED) to lower interest rates. He criticized Fed Chair Jerome Powell’s reluctance and challenged ‘Mr. Too Late Powell’. Trump cited a reduction in tariffs between the US and China as evidence of easing inflationary pressures and suggested that the FED should follow Europe and China’s lead on lowering rates.