US President Donald Trump announced the signing of a trade agreement with China at a White House event. Details of the agreement remain undisclosed.
Signing the Agreement with China
At the White House event, Trump confirmed the signing of a trade agreement with China, yet he did not provide any details about its content.
Future Agreement with India
The President also indicated that an agreement with India is on the horizon, stating, “An agreement with India may come soon.”
Criticism of the Federal Reserve
Trump criticized the Federal Reserve in his economic assessments. Referring to Fed Chairman Jerome Powell, he stated, “We have to fight this guy,” and argued that lowering interest rates would be beneficial for the economy. He also mentioned that short-term debt will likely be extended.
Meanwhile, the focus on the agreements with China and India continues to grow, while the President's stance on the Federal Reserve adds a new layer to the economic development narrative in the US.
