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PoliticsTrump threatens to stop trading with some nations if Fed doesn't cut rates
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U.S. President Donald Trump on Friday threatened to stop trading with countries with which the United States has a trade deficit unless the Federal Reserve cuts interest rates. In a Truth Social post, Trump said high interest rates put the U.S. at a very unfair disadvantage and demanded the Fed lower rates. The threat came on the same day the Bureau of Labor Statistics reported stronger-than-expected job creation in August, which prompted traders to increase bets on a rate hike later in the month. Trump has repeatedly called for rate cuts, arguing the U.S. should have the lowest rate of any country in the world. The report was published by Reuters and carried by Kitco News.
Source report
By Reuters Published: Sep 04, 2026 - 6:58 PM | Updated: Sep 04, 2026 - 6:59 PM
WASHINGTON, Sept 4 (Reuters) – U.S. President Donald Trump on Friday said that unless the Federal Reserve cuts interest rates, he would stop trading with countries with which the United States had a deficit.
"High interest rates put the U.S.A. at a very unfair disadvantage, and I won't allow that to happen!" said Trump, who has repeatedly demanded that the Fed cut rates.
The Bureau of Labor Statistics on Friday reported stronger-than-expected job creation in August, prompting traders to boost bets on a rate hike later this month.
"We should have the LOWEST RATE of any country in the World ... LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT," Trump said in a Truth Social post.
Reporting by Susan Heavey and David Ljunggren; editing by Michelle Nichols
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/or damages arising from the use of this publication.
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Trump threatens to halt trade with deficit countries if Federal Reserve does not cut rates