Trump Swiftly Undercuts the Rate Cut He Pushed For—With New China Tariffs Aimed at Consumer Goods

Donald Trump finally got the Fed interest rate cut he wanted, and that the markets expected. But that was yesterday. In a series of tweets Thursday afternoon, he undercut the rate cut with the announcement of a surprise 10% tariff on Chinese goods, tripping up businesses, investors, and consumers. In the tweets, Trump claimed that […]