Trump Cracks Up Jerome Powell When Explaining What Would End His Constant Attacks

During his visit to the Federal Reserve, President Trump urged Fed Chair Jerome Powell to cut interest rates.

Transcript

00:00Mr. President, are there things the chairman can say to you today that would make you back off some of the earlier criticism?

00:07Well, I'd love him to lower interest rates, but other than that, what can I tell you?

00:12The country is doing really well. I just briefed the chairman on the deal we've made with Japan.

00:16Japan is putting up $550 billion in order to lower their tariffs a little bit.

00:22That way they have a little bit lower tariff.

00:24And they also opened their country to free trade, which nobody thought was even a possibility.

00:30And we get a zero tariff in the free trade. We don't pay tariffs.

00:35And they're going to pay 15 percent on everything they send into our country. So it's great.

00:41But they put up, as you could call it, seed money. Let's call it seed money.

00:46You could call it anything you want. But it's a total of $550 billion.

00:52So nobody thought any of that was possible. And it's wonderful.

00:56And we're doing pretty well with the European Union, likewise.

01:00And we have some others. They're all really big. And our country is going to make a lot of money.

01:04We would be helped if interest rates would come down.

01:06But we're going to see how the board rules on that soon.

01:09I'd love to see them come down a lot.

01:11But we have a country that's thriving.

01:15We had a dead country one year ago.

01:17Today we have the hottest country anywhere in the world.

01:19And we'll get this one finished.

01:21Mr. President.