Trump has set off a huge economic wave! Opposing interest rate cuts, drastic tax cuts, locking in JPMorgan CEO as the candidate for Treasury Secretary, and domineeringly declaring that he will never pardon himself!
On July 17, former US President Trump, like a awakened lion, wielded the economic stick in a 90-minute interview with Business Weekly, and boldly outlined the future of the US economy and the policy blueprint if he enters the White House again. Trump not only issued a strong warning against the Fed's interest rate cut before the election to "save" Biden's election situation, but also threatened to cut the corporate tax rate from the current 21% to 15%, showing his ambition to revitalize the US economy!
In the interview, Trump, like an economic master, made sharp comments on the Fed's policy interest rate. He warned the Fed not to act rashly before the election, otherwise it might boost Biden's campaign momentum. Trump believes that only by maintaining the current interest rate level can the stable growth of the economy be ensured and tangible benefits be brought to the American people.
On the issue of tax cuts, Trump is even more ruthless. He made it clear that if re-elected, he would significantly cut the corporate tax rate from the current 21% to 15%. This bold move will undoubtedly inject strong vitality into enterprises and push the US economy to a new level.
In terms of the candidate for Secretary of the Treasury, Trump made even more shocking remarks. He bluntly stated that JPMorgan Chase CEO Dimon might be one of the candidates he was considering. This news will undoubtedly cause a shock in the financial community, because Dimon, as a giant on Wall Street, will provide strong support for Trump's economic policies with his rich experience and deep background.
When it comes to the issue of presidential pardons, Trump showed unprecedented firmness and confidence. He made it clear that if he was convicted of a federal crime in a pending case, he would never pardon himself.
Trump showed strong leadership and profound economic vision in the interview.
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