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Trump Says If Fed Cuts Interest Rates, US Will Win Trade War

(CNBC)


President Donald Trump predicted Tuesday that China’s next move in the trade war will be a rate cut, and he pushed the Federal Reserve to follow suit in what he said would lead to a clear victory for the U.S.


In a tweet that amounted to the latest salvo in the tariff dispute between the two nations, the president ramped up his pressure on the Fed to ease monetary policy.


He said that should the central bank meet a China rate cut with one of its own, that would be “game over, we win!” Read more

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