Trump's Tempting Trade Tactic: A Recipe for Disaster in the Kitchen of Global Finance President Donald Trump has issued a stark ultimatum to the Federal Reserve: slash interest rates or face the consequences of severed trade ties with countries maintaining surpluses with the US.
This move, made on Truth Social following a strong jobs report, reflects the long standing grievance of the Trump administration that the Fed is out of touch with economic reality.
On its surface, Trump's demand for lower interest rates may seem like a populist plea to make America more competitive.