Trump's Trade Ultimatum: A Misguided Crusade Against the Fed The recent jobs report has given Donald Trump new ammunition for his long running campaign to lower interest rates.
He has turned this demand into a trade ultimatum, threatening to stop trading with countries that run a surplus with the US unless they agree to cheaper credit.
At first glance, Trump's argument may seem reasonable: he claims that the strength of the US economy justifies lower borrowing costs.