During a press conference at the White House, Donald Trump discussed issues of foreign trade and monetary policy, including interest rate reductions and the situation with Iran.
Discussion of Interest Rates and the Fed
Trump reiterated his criticism of Fed Chairman Jerome Powell, emphasizing that interest rates should be lowered. He stated, “If Fed Chair Powell would lower interest rates, that would be great,” highlighting his dissatisfaction with the current monetary policy.
Trade Agreement with India
During the press conference, Trump mentioned that he hoped trade barriers with India would be completely eliminated and indicated that the two countries were close to signing a trade agreement. He also announced that official letters regarding customs duties would be sent to some countries next week, adding, “Some countries will be disappointed in this because they will have to pay customs duties.”
The Situation with Iran
Trump also covered the issue of Iran, expressing his belief that the country would not restart its nuclear program anytime soon. He hopes that Iran's nuclear activities will be monitored by the International Atomic Energy Agency or other reputable institutions. Noting that Iran has invested over $1 trillion in nuclear energy, Trump claimed that this system had not been properly integrated and still contains dangerous materials on the ground. He said, “Iran wants a meeting,” keeping the door open for diplomacy.
Donald Trump's statements at the press conference underline the current issues in foreign trade and monetary policy, emphasizing the need for continued diplomatic efforts regarding Iran.
