Donald Trump defended his economic plans in an interview with Bloomberg, including tariff increases and closer consultation with the Federal Reserve. He argued that his policies would boost growth, dismissing economists' warnings of inflation and debt spikes. Trump indicated he would pursue many norm-defying tactics from his first term, suggesting more influence over the Fed. Trump claimed his tariffs would bring manufacturing back to the US, but critics believe they could worsen the federal deficit. Trump also emphasized deregulation, lower taxes, and protecting domestic industries.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Donald Trump defended his economic plans in an interview with Bloomberg, including tariff
00:06increases and closer consultation with the Federal Reserve.
00:10He argued that his policies would boost growth, dismissing economists' warning of inflation
00:15and debt spikes.
00:16Trump indicated he would pursue many of the norm-defying tactics from his first term,
00:20suggesting more influence over the Fed.
00:23Trump claimed his tariffs would bring manufacturing back to the U.S., but critics believed they
00:27could worsen the federal deficit.
00:29Trump also emphasized deregulation, lower taxes, and protecting domestic industries.
00:34For all things money, visit Benzinga.com slash GSTV.