Trump threatens to halt US trade with top partners if the Fed cuts rates

1 min read
Source: CNN
Trump threatens to halt US trade with top partners if the Fed cuts rates
Photo: CNN
TL;DR Summary

President Trump said he’ll stop trading with countries the US has a large deficit with if the Federal Reserve lowers interest rates, arguing the move would be preferable to tariffs. The remark comes after a hotter-than-expected August jobs report and ahead of the Fed’s policy meeting, with markets pricing in a potential rate cut while officials signaled a cautious stance.

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