In a Reuters interview, Trump toned down his rhetorics against Fed chair Jerome Powell and said he’s a “great guy”. Though, Trump still disagree to Fed’s “foolish” rate hike next week.
Trump said, “Well, I think that would be foolish but what can I say? What can I say? You know, I put a man there. What can I say? If they do that, I’d be disappointed and I think a lot of people would be disappointed.” On Powell, Trump said, “I think he’s trying to do what he thinks is best. I disagree with him – I think he’s a great guy. But, I think he’s trying to get it right but I think he’s being too aggressive, far too aggressive, actually far too aggressive.”
On trade negotiation with China, Trump said the Chines are “back in the market” buying “tremendous amounts of soybeans”. He added there maybe another meeting of “top people on both sides”. And, if necessary, Trump is open to another meeting with Xi “who I like a lot and get along with very well”.
Trump went further and said that he could intervene in the Huawei case if it’s good for the trade deal. He said “If I think it’s good for the country, if I think it’s good for what will be certainly the largest trade deal ever made – which is a very important thing – what’s good for national security – I would certainly intervene if I thought it was necessary.”
Highlights: Key quotes from the Reuters interview with Trump
Separately, Huawei’s top executive Meng Wanzhou, arrested by Canada on December 1 on US request, was granted bail by a Canadian court yesterday.
