The record
Written from the 1 report below. Nothing here is unsourced.
- US President Donald Trump has threatened on Truth Social to end trade with countries that run trade deficits with the US unless the Federal Reserve lowers interest rates.
- He argues that high interest rates unfairly hurt America, which he says should have the lowest borrowing costs in the world.
- The threat came hours after a stronger-than-expected US jobs report showing 162,000 jobs added in August, which reduced expectations of a rate cut.
- The report notes the US ran roughly a $1.2 trillion trade deficit last year, with China, Mexico and Vietnam the biggest contributors, and that halting such trade could disrupt supplies, raise inflation and strain the economy.
What to watch next
- The Federal Reserve's September 15-16 meeting and whether Chairman Kevin Warsh cuts rates or resists Trump's pressure
- Whether Trump actually follows through on halting trade with deficit countries like China, Mexico and Vietnam
- Future US jobs and inflation data shaping the Fed's next rate decision
Who said what1
Only words found exactly in the article are shown, attributed and linked to the line they came from.
Donald Trump
1 quote · 1 outlet
“ब्याज दर कम करो वरना मैं उन देशों के साथ कारोबार बंद कर दूंगा, जिनके साथ हमारा घाटा है”
In the article
…ब्याज दरों को कम नहीं करता है तो वह उन देशों के साथ व्यापार रोक देंगे जिनका संयुक्त राज्य अमेरिका के साथ व्यापार घाटा चल रहा है. ट्रंप ने शुक्रवार, 4 सितंबर को सोशल मीडिया प्लेटफॉर्म ट्रुथ पर अपने एक पोस्ट में लिखा, ' ब्याज दर कम करो वरना मैं उन देशों के साथ कारोबार बंद कर दूंगा, जिनके साथ हमारा घाटा है ' उन्होंने तर्क दिया कि अमेरिका की उच्च ब्याज दरें देश को अनुचित नुकसान पहुंचाती हैं और कहा कि अमेरिका को दुनिया में सबसे कम उधार लागत वाला देश होना चाहिए. अगर सच में अमेरिकी राष्ट्रपति व्यापार घाटे वाले देश से कारोबार…
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Coverage1
All filed from India
Named United States · China · Mexico · Vietnam · Federal Reserve Bank · Kevin Warsh · Donald Trump
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