President Trump took to social media on Friday to defend his tariff policies, downplay market uncertainties, and advocate for further interest rate reductions. He urged Fed Chairman Jerome Powell to lower interest rates, pointing out favorable conditions such as decreased energy prices, interest rates, inflation, and increased job numbers within a short span, labeling it a success for the nation. Trump praised the March jobs report which exceeded economists' expectations. Earlier that day, he emphasized his commitment to maintaining consistent policies to attract investors and create wealth. The President's aggressive tariff approach became apparent during "Liberation Day," where he announced tariffs on 185 countries, including major trading partners, implementing various percentage tariffs. China responded by imposing countermeasures, adding extra tariffs on US goods.
/Article