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Trump threatens to 'stop trading' with some partners unless Fed lowers rates

President Donald Trump threatened Friday to halt trade with nations holding a trade surplus over the U.S. unless the Federal Reserve lowers interest rates, pointing to strong August jobs figures to justify rate cuts.

AFP WORLD
Published September 04,2026 05:27 PM
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U.S. President Donald Trump on Friday threatened to stop trading with countries with which the US has a deficit unless the Federal Reserve lowers interest rates, citing a stong August jobs report as justification for doing so.

"Lower the interest rates because the U.S.A. is a much stronger credit than it was just a short time ago!" Trump posted on his Truth Social platform. "LOWER THE RATE OR I'LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT."