Trump Threatens Trade Action if Fed Fails to Cut Rates Amid Strong Jobs Data

U.S. President Donald Trump stated he would halt trade with countries with which the United States has a deficit unless the Federal Reserve cuts interest rates, arguing high rates disadvantage the U.S. This threat comes after stronger-than-expected job creation in August, which boosted market bets on a rate hike. Trump has consistently demanded lower rates, even threatening trade action via Truth Social. Such political pressure on the Fed and potential trade disruptions could inject volatility into the US dollar and support gold as a safe-haven asset.

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