Trump threatens trade war if rates aren’t cut after strong jobs report

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White House Headlines - September 4, 2026

White House Headlines - September 4, 2026

President Trump called on the Federal Reserve to lower interest rates Friday after the August jobs report came in stronger than expected, threatening to cut off trade with several countries if the central bank doesn’t budge.

The Bureau of Labor Statistics reported Friday that U.S. employers added 162,000 jobs last month, well above the 53,000 that economists were anticipating.

Trump touted the “great” jobs numbers Friday before quickly turning his attention to the Fed, which he has long pushed to slash rates.

“Lower the interest rates because the U.S.A. is a much stronger credit than it was........

© The Hill