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Trump irritated by criticism of interest
WASHINGTON. The US president is also threatening to impose new tariffs.
US President Donald Trump interferes with monetary policy. Image: Reuters
US President Donald Trump has provoked irritation with his criticism of rate hikes by the US Federal Reserve (Fed). Experts said yesterday, worried Friday: There is a risk that the Fed's decisions are interpreted to political influence, so the badyst of Commerzbank Esther Reichelt. Any sign of slower rate hikes, which is possible in the coming years, could be interpreted as a sign that the Fed is incorporating the wishes of the president in his decisions
. Since Trump took office in January 2017, there have been five. On Wednesday, Fed Chairman Jerome Powell reiterated that interest rates should continue to rise. Trump had expressed his resentment against the CNBC station: "I'm not happy." The presidential office said soon after that Trump respects the Fed's independence.
Trump also hesitated Friday in the trade dispute with China, threatening to impose tariffs on Chinese imports of $ 500 billion. Regarding the trade deficit with China, Trump said: "The United States is lagging behind". The United States has already imposed duties on 34 billion dollars of Chinese imports, against which China has countered them
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