Trump Urges Federal Reserve to Cut Interest Rates Below 1%

Former U.S. President Donald Trump stated on social media that the Federal Reserve should rapidly lower interest rates to 1% or below. He argued that reducing borrowing costs would stimulate the U.S. economy. Additionally, Trump criticized international trade deficits, claiming that halting trade with countries where the U.S. has a deficit could generate at least $1.5 trillion in annual gains, and called for an immediate shift in trade policy.