PLAY PODCASTS
Trump hints at softening China tariffs and says no plan to sack Fed boss
Season 1 · Episode 8070

Trump hints at softening China tariffs and says no plan to sack Fed boss

He said the level of tariffs - or import taxes - that he had imposed on Chinese imports would "come down substantially, but it won't be zero".

Daily SumUp · Daily SumUp

April 24, 20252m 46s

Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.

Show Notes

US President Donald Trump has appeared to soften his recent comments on China and the head of the US Federal Reserve after recent clashes as he pursues his economic agenda.


Trump said he has "no intention of firing" Jerome Powell after repeatedly criticising the head of the central bank, but added that he would like Powell to be "a little more active" on cutting interest rates.


Speaking in the Oval Office on Tuesday, Trump also said he was optimistic about improving trade relations with China.


He said the level of tariffs - or import taxes - that he had imposed on Chinese imports would "come down substantially, but it won't be zero".



Hosted on Acast. See acast.com/privacy for more information.