Trump Playing Chess As Interest Rates Drop on Tariff Announcement, Bringing Costs Down

But the president pointed to the pledges of over $5 trillion in investment coming into the U.S. economy since he’s taken office as proof that his plan to bring manufacturing back to the U.S. through tariffs and pro-growth tax and regulatory policies is working.
“The markets are going to boom. The stock is going to boom. The country is going to boom — and the rest of the world wants to see is there any way they can make a deal,” Trump said.
Besides dropping interest rates, countries are now approaching Trump, saying they want to lower their tariff rates to zero in exchange for the same rate from the U.S.

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