Key facts
- President Trump threatened to halt U.S. trade with countries that have a trade deficit.
- Trump stated the U.S. should have the world's lowest interest rates.
- The President's comments came ahead of a Federal Reserve meeting.
President Donald Trump said the U.S. should have the world's lowest interest rates, regardless of Federal Reserve data, and threatened to halt trade with countries running deficits if the Fed doesn't cut rates.
Trump's remarks, made ahead of a Federal Reserve meeting, suggest a desire for lower borrowing costs to stimulate the economy. He has previously expressed frustration with the Fed's monetary policy, arguing that it puts the U.S. at a disadvantage compared to other nations.