Trump threatens to cut trade with some countries if Fed doesn’t lower rates
South China Morning Post2 newsrooms in 2 countries
Picture: South China Morning Post
President Donald Trump intensified pressure on the Federal Reserve to lower interest rates, threatening to cut off trade with certain economies with which the US has a deficit if the central bank does not act. Trump issued his demands on Friday in a lengthy social media post after a stronger-than-expected August jobs report, which could bolster the case for…