Trump’s Latest CNBC Interview Recap: Drug and Chip Tariffs to Be Announced Next Week; May Not Run for President Again

According to a report by Jinse Finance, U.S. President Donald Trump was interviewed last night at 8:00 PM on CNBC’s financial talk show “Squawk Box.” The key points of the interview are as follows: · Trump stated that labor statistics are highly politicized and reiterated his accusation that labor data is being manipulated. · He described the Federal Reserve Chair as a political position and criticized Powell for cutting rates too late. “Many candidates for Fed Chair are very capable—Waller is excellent, Hassett is also very good, and there are two other candidates. A new Fed Chair may be announced soon. I like Bessent, but he wants to stay at the Treasury.” He may use the vacancy left by Kugler to select the next Fed Chair. · He claimed that if energy prices fall, Putin will stop the war. · He supports the recent trade agreements reached with Japan and the EU. If the EU fails to fulfill its obligations, a 35% tariff will be imposed on the EU. · He will announce tariffs on pharmaceuticals next week, as well as tariffs on chips. Policies regarding semiconductors and chips will also be released around next week. “We will initially impose a small tariff on the pharmaceutical industry, but it will eventually reach 250%.” · India is the country with the highest tariffs, and tariffs on India will be significantly increased within the next 24 hours. · He stated that there is discrimination in the banking industry, with banks discriminating against conservatives. “Bank of America and JPMorgan Chase have discriminated against me in the past.” · He expressed a desire to run for U.S. president again, but said he may not do so.