#TRUMP Trump 24-hour work dynamics


1. Implying that he does not want to continue increasing tariffs on China - U.S. President Trump said on Thursday that the situation of mutual tariff increases between the U.S. and China is expected to change. "I don’t want tariffs to continue to rise, because when prices reach a certain level, people will stop buying," Trump told reporters at the White House. "So I might not raise taxes further, and I might not even want to reach the current level of taxation. Maybe I will choose a lower tax rate, because you want people to continue consuming, and at some critical point, people will stop buying."
2. Urging the Federal Reserve to cut interest rates and calling for Powell's removal—Trump stated that the Federal Reserve should have lowered interest rates long ago, like the European Central Bank. The Federal Reserve definitely should lower interest rates now. It wouldn't be too fast for Powell to be fired! Trump said he does not regret nominating Powell, believing that Powell would resign at his request.
3. Trump wants former Federal Reserve governor Warsh to take over Powell - sources say that during a meeting at Mar-a-Lago, Trump discussed the possibility of firing Powell before the end of his term with former Federal Reserve governor Kevin Warsh, and potentially choosing Warsh to succeed him. However, Warsh suggested not to fire Federal Reserve Chairman Powell and believed he should be allowed to finish his term without interference. U.S. Treasury Secretary Basant also opposed Trump's intention to dismiss Powell.
4. Preparing to abandon efforts to facilitate a peace agreement between Russia and Ukraine - U.S. Secretary of State Rubio stated on Friday that unless there are clear signs indicating that an agreement can be reached, President Trump will abandon efforts to facilitate a peace agreement between Russia and Ukraine within a few days.
5. Counterattack California Governor - The Trump administration is seeking to move California Governor Newsom's legal challenge to the U.S. tariff plan from the San Francisco federal court to the New York International Trade Court. On Thursday, lawyers from the U.S. Department of Justice filed a request to transfer the case out of Newsom's territory, arguing that the trade court has "exclusive jurisdiction" over tariff-related disputes.
6. Preparing to Strike Environmental Organizations - White House officials are preparing an executive order to strip some nonprofit environmental organizations of their tax-exempt status, potentially taking action on "Earth Day" (April 22) against those seen as hindering Trump's push for domestic oil, gas, and coal production.
7. Confident in reaching a trade agreement with the EU - US President Trump met with Italian Prime Minister Meloni at the White House, where Trump stated that he is "100%" confident in reaching a trade agreement with the EU before the end of the 90-day tariff suspension period. Trump administration officials said that the two sides are expected to discuss a range of topics during the meeting, including trade, immigration, and ending the conflict in Ukraine.
8. A second state visit to the UK - Trump stated that he will make a second state visit to the UK in September and will stay with King Charles III.
9. Reaffirming tariffs on automobiles, steel, and aluminum - Trump reaffirmed tariffs on automobiles, steel, and aluminum, reiterating the threat of tariffs on computers and chips.
10. Education affairs will be returned to state management - U.S. President Trump: We will soon return education affairs to state management.
11. The mineral agreement will be signed next Thursday - Trump: The mineral agreement will be signed next Thursday.
12. Signing the Executive Order on Seafood Competitiveness - Trump signed an executive order regarding seafood competitiveness.
13. Government officials discuss iPhone price increase issue - According to The Washington Post: Apple's CEO held private talks with senior officials of President Trump regarding the issue of iPhone price increases.
TRUMP7,76%
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