Reuters/Danny Moloshok
Here is what you need to know.
Trump threatens tariffs on all Chinese goods coming into America. President Donald Trump told CNBC's Joe Kernan in an interview aired Friday morning that he is ready to place tariffs on all $505 billion worth of Chinese goods coming into the US. ""I'm not doing this for politics, I'm doing this to do the right thing for our country," he said.
Trump breaks long-standing precedent of American presidents not commenting on the Fed. In the same interview on CNBC, Trump said he wasn't "thrilled" with the Federal Reserve raising interest rates.
See the rest of the story at Business Insider
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