United States President Donald Trump called on the Federal Reserve to reduce interest rates on Monday, labeling the central bank “slow-moving” and insisting that economic indicators justify a cut. Trump emphasized the absence of inflation and highlighted that oil and food prices are declining, which he says supports the case for easing monetary policy.

“There is no inflation. Oil prices are down. Food prices are down,” Trump stated, reiterating his long-standing criticism of the Fed’s cautious approach. He suggested that more aggressive rate cuts could further bolster the U.S. economy amid growing global uncertainties.

In addition to monetary policy, Trump discussed trade tariffs, claiming that the United States is collecting “billions of dollars a week” from duties already in place. He portrayed tariffs as a successful tool for generating revenue and rebalancing unfair trade practices, especially in relation to China.

“The U.S. is bringing in billions of dollars a week,” Trump said, underscoring what he considers a major success of his economic strategy. He once again targeted Beijing, calling China “the biggest abuser of them all” and criticizing its recent move to impose a 34% retaliatory tariff on American imports.

Trump argued that China’s retaliation disregards his prior warning to countries against responding with tariffs of their own. “They are not acknowledging my warning for abusing countries not to retaliate,” he added, describing China’s move as provocative and unjustified.

The comments come at a time of heightened trade tensions and market uncertainty. Trump’s economic team continues to push for hardline trade policies while also calling for domestic monetary support from the Federal Reserve. The combined approach reflects the administration’s strategy to protect American interests while stimulating economic growth at home.