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Trump Says US Should Keep World’s Lowest Rates, Warns Companies Seeking Tariff Refunds
Summary
- Trump said the US should always maintain the lowest interest rates in the world.
- Trump warned that he would remember companies seeking tariff refunds and said tariff levels and their structure could change.
- Markets are focused on the uncertainty over the direction of monetary and trade policy as comments on interest rates and tariffs came at the same time.
President Donald Trump said the US should always maintain the lowest interest rates in the world. He also expressed frustration with companies seeking tariff refunds.
Walter Bloomberg reported on April 21 that Trump said, “The US should always have the lowest interest rates in the world.”
On tariffs, Trump said it would be “great” if Amazon and Apple do not seek refunds. He added that he would remember companies that do. Trump also said tariff levels could rise further, though the structure would become more complicated.
Trump also said Switzerland should bear more costs in relation to the US and raised the issue of the trade imbalance.
Markets are watching whether the remarks on interest rates and tariffs will prolong uncertainty over the direction of monetary and trade policy.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
