• Trump will not remove Fed chair Powell before his term ends in 2026.
• He describes Powell as "a total stiff" and calls for lower interest rates.
• Trump's tariffs aim to strengthen the U.S. economy, despite mixed signals about economic performance.
• He blames Biden for economic issues and takes credit for the positive aspects of the economy.
• Negotiations for new trade deals are ongoing with multiple countries.

U.S. President Donald Trump stated he will not remove Jerome Powell as Federal Reserve Board Chairman before Powell's term ends in May 2026. Trump described Powell as “a total stiff” and reiterated calls for the Fed to lower interest rates during his interview on NBC's "Meet the Press with Kristen Welker," recorded in Florida. Trump expressed confidence that the Fed would eventually reduce rates, saying, "Well, he should lower them," according to Reuters and HuffPost.

Trump's assertive commentary came as Wall Street experienced turmoil, reflecting concerns over the central bank’s autonomy. Following his critical remarks about Powell, stocks fell sharply. Trump's latest statements could restore market confidence, providing reassurance after his earlier criticisms, according to HuffPost and India Times.

Trump also discussed his tariff policies, stating that the recent imposition of a 10% tariff on goods from various countries is designed to bolster U.S. economic strength. He pointed to the first-quarter contraction in GDP as a consequence of policies from his predecessor, former President Joe Biden. Trump's tactical moves on tariffs are meant to ultimately enhance American wealth, despite their current volatility impacting market stability, as reported by Channel News Asia and Bangkok Post.

In discussing credit for the economy, Trump claimed the positive aspects can be attributed to his administration's policies while attributing any negative performance to Biden. He stated, “I think the good parts are the Trump economy and the bad parts are the Biden economy.” Moreover, Trump downplayed inflation concerns linked to tariffs, arguing that Americans do not require excessive quantities of low-cost imports, as reported by Channel News Asia and HuffPost.

Trump also confirmed ongoing negotiations for trade deals with over 15 countries, indicating that a first deal may be reached soon, as mentioned in reports from India Times and Bangkok Post.