1. Praises December Inflation Data, Urges Powell to Cut Rates Again – US President Trump: US (December) inflation data is out, very low! This means Jerome Powell should cut rates significantly!
2. Incites Iranian Protests, Cuts Ties and Threatens "Strong Action"
—Trump announced he has canceled all meetings with Iranian officials and twice told Iranians protesting the government that "aid is coming" in social media and speeches. Later, in an interview, Trump went even further, stating that if the Iranian regime executes anti-government protesters, the US will "take very strong action."
3. Receives Briefing on Iran, Discusses Countermeasures
—According to foreign media citing sources, Trump attended a meeting on Iran after returning from Detroit and received a briefing on the situation in Iran. Trump said he knew of possible countermeasures against Iran, but emphasized that no decision had been made.
4. Trump Speaks at the Detroit Economic Club, Mentioning Stocks, Oil Prices, and Interest Rate Cuts
—Speaking at the Detroit Economic Club, Trump praised the rising stock market, vowed to further lower oil prices, and again criticized Powell as "rigid," urging the Federal Reserve to cut interest rates.
5. Economic Speech Touts "Super-Fast Growth"
—Delivering an economic speech in the key swing state of Michigan on Tuesday, Trump cited the latest inflation and growth data, claiming his policies had successfully avoided stagflation and achieved "super-fast growth." He also previewed a series of policies aimed at reducing housing, healthcare, and energy costs, and again targeted Federal Reserve Chairman Powell.
6. Visits Ford Factory, Calls USMCA "Irrelevant"
—Visiting a Ford Motor factory on Tuesday, Trump expressed a "nothing to do" attitude towards the USMCA trade agreement, which concerns the auto giant, saying the agreement "doesn't offer any real benefits" and that the US "doesn't need goods made in Canada or Mexico." 7. Facing Criticism from the "Wall Street King," Trump Stances "The Fed Must Investigate"
—In response to criticism from JPMorgan Chase CEO JPMorgan Chase regarding the Powell investigation as "undermining central bank independence," Trump stated on Tuesday that the CEO's view was "wrong." Trump responded, "I think I did absolutely nothing wrong. The current head of the Fed is terrible."
8. Accuses Minnesota of Fund Fraud, Instructs Bessant to Investigate
—Trump posted on social media, "Stupid Tim Walz (Minnesota Governor) is allowing Somali fraudsters to flood Minnesota and siphon off American taxpayers' money." Trump also stated that he has instructed Treasury Secretary Bessant to trace the flow of funds.
9. Cuts Off Federal Funding to "Sanctuary Cities"—Trump stated that he will cut off federal funding to so-called "sanctuary cities" (cities opposing the deportation of illegal immigrants) by the end of this month as part of the government's anti-fraud campaign.