In a bold return to the spotlight, former President Donald Trump sat down with CNBC, delivering a headline-packed interview that spanned economic policy, trade, the Fed, and even private banking disputes.
🔸 Economic Data & BLS Criticism:
Trump accused the Bureau of Labor Statistics of manipulating employment data for political gain and dismissed its former director over perceived bias. This reflects his continued push to “depoliticize” federal agencies.
🔸 Tariff Escalation:
He announced potential 250% drug tariffs, higher levies on semiconductors, and signaled an imminent increase on Indian tariffs—part of a hardline “America First” agenda.
🔸 Federal Reserve Shakeup:
Trump may replace Powell, hinting at new Fed chair candidates like Kevin Hassett and Kevin Warsh, criticizing the current Fed for “delayed and politicized” rate cuts.
🔸 Banking “Discrimination”:
He claimed JPMorgan and Bank of America are denying him services due to politics, linking this to his anti-monopoly stance.
🔸 Future Run & China Trade:
While cryptic on a 2028 campaign, he teased potential progress with China trade talks, showing flexibility amid hardline posturing.
💡 In 40 minutes, Trump combined economic strategies, personal grievances, and political theater—showcasing how narrative control remains central to his playbook.