*(US) TRUMP: NOT MAKING CHINA DEAL UNLESS THE TRADE DEFICIT IS SOLVED - Financial press
Sunday, April 6, 2025 7:10:02 PMEST
- Not intentionally engineering market sell off
- Cannot say what happens to markets
- China trade surplus is unsustainable
- Spoken to Europe, Asia leaders on tariffs
- Reiterates now is the perfect time for the Fed to cut rates
** Update: Truth Social Post: We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the “Presidency” of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!
** Update: Says he doesn't want stocks to go down, 'but sometimes you have to take medicine'
** Note: Trump advisers say 50-plus countries have reached out for tariff talks with White House
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- Cannot say what happens to markets
- China trade surplus is unsustainable
- Spoken to Europe, Asia leaders on tariffs
- Reiterates now is the perfect time for the Fed to cut rates
** Update: Truth Social Post: We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the “Presidency” of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!
** Update: Says he doesn't want stocks to go down, 'but sometimes you have to take medicine'
** Note: Trump advisers say 50-plus countries have reached out for tariff talks with White House