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Trump Renews Fed Rate Pressure, Says Cut Would Be 'Game Over' In China Trade War

Martin Baccardax

President Donald Trump renewed his pressure on the U.S. Federal Reserve Tuesday, calling on the central bank to "match" planned rate cuts from the People's Bank of China as he continues to advance rhetoric in the ongoing trade war between Washington and Beijing. Trump's Tweet, his eleventh of the morning, suggested the Fed should mirror any move by China's central bank to stimulate the economy if it continues to slow amid the ongoing dispute with the United States. Last week, Vice Premier Liu He, who also leads China's trade negotiating team, said the government was looking at tax cuts to further support the economy.