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Trump Threatens Trade Halt Unless Fed Cuts Rates

By Drooid · Oct 8, 2026, 3:42 AM UTC · How we work

Summary

Story summary

U.S. President Donald Trump threatened to halt trade with deficit countries unless the Federal Reserve (Fed) cuts interest rates.
He posted the demand on Truth Social and repeated it in a TIME interview on Sept. 28.
The 12-member Federal Reserve Open Committee voted unanimously last month to raise rates, the first hike since 2023.
CME FedWatch reported October rate-hike odds fell from 51% at September’s end to 19% on Monday.

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Story summary

U.S. President Donald Trump threatened to halt trade with deficit countries unless the Federal Reserve (Fed) cuts interest rates.
He posted the demand on Truth Social and repeated it in a TIME interview on Sept. 28.
The 12-member Federal Reserve Open Committee voted unanimously last month to raise rates, the first hike since 2023.
CME FedWatch reported October rate-hike odds fell from 51% at September’s end to 19% on Monday.