Trump CNBC Interview Recap: Tariffs on Drugs, Chips to be Announced Next Week; May Not Run for President Again
BlockBeats News, August 6th: U.S. President Trump was interviewed on the CNBC financial program "Squawk Box" last night at 8:00 PM. A recap of the interview is as follows:
· Trump stated that labor statistics are highly politicized and reiterated his allegation that labor statistics are manipulated.
· The Fed Chairman is political, and Powell's rate cut was too late. "Many Fed Chair candidates are excellent, Warsh is good, Hassett is also very good, and there are two other candidates, a new Fed Chairman may be announced soon. I like Bernanke, but he wants to stay in the Treasury department." Perhaps the vacancy left by Cohn will be used to select the future Fed Chairman.
· If energy prices drop, Putin will stop the war.
· He supports the recent trade agreements with Japan and the EU. If the EU does not fulfill its obligations, a 35% tariff will be imposed on the EU.
· Drug tariffs will be announced within the next week, as well as chip tariffs. Semiconductor and chip policies will also be announced around next week. "We will impose initially small tariffs on the pharmaceutical industry, but eventually will reach 250%."
· India has the highest tariffs, and tariffs on India will be significantly increased in the next 24 hours.
· There is discrimination in the banking industry, banks discriminate against conservatives. "Bank of America, JPMorgan Chase have discriminated against me.
· He wants to run for U.S. President again, but may not do so.
You may also like

Trading Never Sleeps: On-Chain, Crude Oil, and Leverage

On-chain Yield Panorama: The Evolution from Interest-bearing Stablecoins to Crypto Credit Products

RootData announced the integration with OpenClaw, and these gameplay features have gone viral

Key Market Intelligence on March 9th, how much did you miss out on?

a16z: After AI Superpowers, Where to Next for Humanity?

Why Does Oil Go Up When Bitcoin Goes Down?

Decoding 112,000 Polymarket Addresses: The Top 1% Making Money Are Doing These Five Things

AAVE founder issues a warning: DeFi must never become the exit liquidity for Wall Street private credit
How To Create A Frequency So Strong It Makes Reality Obey You
The first-ever WEEX AI Hackathon has concluded, with 10 winners emerging from over 200 global teams. Beyond its $1.8 million prize pool, the event marked a milestone—proving that the future of AI trading belongs to accessible, AI-powered innovation.

The cryptocurrency industry has waited for five and a half years, and what they got is half a ticket

The trend of Ethena reveals what information about the cryptocurrency market

I've been in the crypto industry for five and a half years, and all I got was half a ticket.

Crude Oil Surges 25%, Hyperliquid Unfolds On-Chain Showdown

$20 Billion Valuation, Is Kalshi Engaging in an Arms Race with Polymarket?

Will Not Messing with OpenClaw Lead to Obsolescence in the AI Era? | Lobster Fuss Summit

Anticipating the Market's New Challenge to Political Elections

The Shadow Business Empire of Iran's New Supreme Leader: Oil, Real Estate, and Financial Intrigue
