Trump Touts Tariffs, Plans Closer Ties with Fed in Bloomberg Interview

  • 2 minutes ago
Donald Trump defended his economic plans in an interview with Bloomberg, including tariff increases and closer consultation with the Federal Reserve. He argued that his policies would boost growth, dismissing economists' warnings of inflation and debt spikes. Trump indicated he would pursue many norm-defying tactics from his first term, suggesting more influence over the Fed. Trump claimed his tariffs would bring manufacturing back to the US, but critics believe they could worsen the federal deficit. Trump also emphasized deregulation, lower taxes, and protecting domestic industries.

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