Trump Threatens Global Trade Halt to Force Federal Reserve Rate Cuts

U.S. President Donald Trump threatened to halt a significant portion of international trade unless the Federal Reserve promptly lowers borrowing costs. In a post on Truth Social, Trump asserted the president's legal authority to stop trade with countries that have trade surpluses with the United States, suggesting this as an alternative to tariffs. He urged the Federal Reserve to 'be patriots for a change' and slash interest rates, arguing that high rates disadvantage the U.S. economy.