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Trump threatens trade cutoff with deficit nations unless Federal Reserve cuts rates

The Guardian · first seen 05.09.2026

President Trump threatened to halt trade with nations maintaining a trade deficit with the US unless the Federal Reserve lowers interest rates, while downplaying the ongoing conflict with Iran.

  • Trump threatened to stop trade with countries where the US has a trade deficit unless the Federal Reserve cuts interest rates.
  • Trump called the ongoing conflict with Iran 'small potatoes', noting 18 US service members killed and 750 wounded.
Part of the storyline: Will the Fed raise rates again?, Will the Fed raise rates again?

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