Trump says if Fed cuts interest rates, US will win trade war: ‘It would be game over, we win!’

President Donald Trump predicted Tuesday that China’s next move in the trade war will be a rate cut, and he pushed the Federal Reserve to follow suit in what he said would lead to a clear victory for the U.S. He said that should the central bank meet a China rate cut with one of its own, that would be “game over, we win!” The White House and Beijing have hit an impasse in their ongoing trade negotiations. Washington is looking for a lowering of barriers into China and for the nation to halt the


President Donald Trump predicted Tuesday that China’s next move in the trade war will be a rate cut, and he pushed the Federal Reserve to follow suit in what he said would lead to a clear victory for the U.S. He said that should the central bank meet a China rate cut with one of its own, that would be “game over, we win!” The White House and Beijing have hit an impasse in their ongoing trade negotiations. Washington is looking for a lowering of barriers into China and for the nation to halt the
Trump says if Fed cuts interest rates, US will win trade war: ‘It would be game over, we win!’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-14  Authors: jeff cox
Keywords: news, cnbc, companies, war, worth, winthe, trump, latest, cut, rates, fed, rate, trade, interest, china, cuts, president, white, game, washington, win


Trump says if Fed cuts interest rates, US will win trade war: 'It would be game over, we win!'

President Donald Trump predicted Tuesday that China’s next move in the trade war will be a rate cut, and he pushed the Federal Reserve to follow suit in what he said would lead to a clear victory for the U.S.

In a tweet that amounted to the latest salvo in the tariff dispute between the two nations, the president ramped up his pressure on the Fed to ease monetary policy.

He said that should the central bank meet a China rate cut with one of its own, that would be “game over, we win!”

The White House and Beijing have hit an impasse in their ongoing trade negotiations. Washington is looking for a lowering of barriers into China and for the nation to halt the theft of intellectual property. As recent talks stalled, China retaliated against Trump’s latest round of tariffs, announcing plans Monday to slap new levies on $60 billion worth of American goods.


Company: cnbc, Activity: cnbc, Date: 2019-05-14  Authors: jeff cox
Keywords: news, cnbc, companies, war, worth, winthe, trump, latest, cut, rates, fed, rate, trade, interest, china, cuts, president, white, game, washington, win


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