Trump says that the federal reserve should reduce prices as markets drop after tariffs – American policy lives | Donald Trump

Trump says that the federal reserve should reduce prices

Donald Trump said on Monday that the federal reserve should reduce prices.

“The slow Federal Reserve must reduce the agreement,” Trump reiterated in a post on his social media platform.

But Kevin Haysit, director of the American National Economic Council, denied yesterday that the customs tariff was part of Trump’s strategy to disrupt the financial markets to pressure the US Federal Reserve to reduce interest rates, and insisted on the existence of a “political coercion” of the Central Bank.

Taxes will now be imposed on goods imported from dozens of countries and regions at high rates, and this is expected to increase the costs of everything from cars to computers.

Involve

Update

Main events

Netanyahu calls Washington as the first foreign leader to try to negotiate a better deal after announcing the Trump shock tariff

the Israeli prime minister, Benjamin NetanyahuIn Washington to attend a second meeting since Donald Trump took office in January, where they are expected to be discussed Definitionsand IranIsrael’s war in GazaEfforts to restore Israeli HostageRelationships with turkeyand International Criminal CourtWhich issued an arrest warrant for the Israeli leader for the alleged war crimes in Gaza.

Benjamin Netanyahu and his wife Sarah greeting officials upon their arrival in Washington, DC on April 6. Photo: Avi Ohayon/ISRAEL Press Government/Reuters

The meeting NPR notes It comes on the brand of 18 months since Israel’s assault on Gaza began (follow the direct coverage of the war here), it seems that it has been arranged at the last minute. On Thursday, Trump said he expects a visit close to Netanyahu – “Perhaps until next week” – though this Axios mentioned The timing caught Israeli officials and even some in the Trump administration by surprise.

Kzmi Bethan Makyanan He wrote on Sunday, this meeting will take place Netanyahu is the first foreign leader to travel to Washington in an attempt to negotiate a better deal with Trump After his administration’s decision last week to impose a sweeping global tariff that shook stock markets, where it ruled 5 meters (3.87 million pounds) from the S&P 500 index companies by Friday in a record decrease for two days.

Israel had tried to nullify the 17 % shocking tariff on Israeli imports by moving on Tuesday – a day before the announcement of the customs tariff – To drop all the remaining duties on 1 % of the American goods that are still affected. But Trump made definitions, saying that the United States is suffering from a major trade deficit with its ally in the Middle East and the main beneficiary of military aid.

The United States is the closest ally of Israel and the largest individual commercial partner. The two countries have signed a free trade agreement 40 years ago and about 98 % of the goods from the United States are tax exempt.

An official at the Israeli Finance Ministry said on Thursday that Trump’s latest introduction to Israel could affect Israel’s exports of medical machinery and equipment.

Pethan’s full report here:

Involve

Update

Leave a Comment