Trump: New tariffs for China between 60% - 100%, and would impose a 10% tariff on imports from other countries
Donald Trump will not seek to remove Federal Reserve Chair Jerome Powell before the central banker’s term ends and would consider JPMorgan CEO Jamie Dimon for Treasury secretary if he wins the Nov. 5 election, the former president told Bloomberg in an interview published on Tuesday.
JPMorgan declined to comment on Trump’s remarks. Powell’s term as chairman runs through January 2026, and his position as a Fed governor continues until 2028. The interview was conducted in late June, according to Bloomberg.
Trump said the Federal Reserve should abstain from cutting...