

Trump Bashes Powell and Touts Tariffs; Amazon's Tariff Move
Apr 30, 2025
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Trump Defends Tariffs for Growth
- President Trump defends tariffs as a means to spur economic growth and jobs.
- He claims inflation and interest rates have come down despite Fed challenges.
Trump Calls Bezos on Tariffs
- The White House criticized Amazon’s reported plan to show tariff costs on products.
- Trump personally called Jeff Bezos to address and quickly resolve the issue.
China's Economy Slows Under Tariffs
- China's factory activity hit its worst contraction since December 2023 amid tariffs.
- Economists predict significant slowdown, calling for prompt stimulus measures.