Bloomberg

Bloomberg

Trump threatens to cut trade with some countries if Fed doesn’t lower rates

The message suggests the US president is running out of patience with the central bank just months after Warsh took over from Powell.

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The review is focused on potential issues linked to the China-founded retailer’s purchase of a firm that handles Americans’ personal data.

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The plan is likely to prompt Tehran to retaliate with military strikes across the Gulf in a bid to push up oil prices and force Trump to retreat.

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