Bloomberg News Now April 29, 2025: Trump 100 Days Rally, Touts Tariffs, Bashes Powell, More
Apr 30, 2025
In a recent rally, the former president celebrated his first 100 days and highlighted his focus on tariffs and trade deals. He passionately critiqued the Federal Reserve while addressing issues like illegal immigration. Additionally, there was a strong emphasis on economic impacts, especially concerning the auto industry, alongside discussions on executive decisions related to tariffs. The conversation also touched on the latest company earnings and Mark Zuckerberg's ambitious vision for AI at Meta.
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Tariffs to Boost Economy
- President Trump claims tariffs will inspire economic growth and attract manufacturers back to the U.S.
- He emphasized that many countries want to negotiate trade deals with the U.S., but the U.S. sets the terms.
Trump Critiques Fed Leadership
- Trump criticized Federal Reserve Chair Jay Powell indirectly, saying inflation and interest rates fell despite poor Fed leadership.
- The president expressed dissatisfaction with the Fed's performance during his term.
Immigration as Key Focus
- Trump highlighted his administration's focus on curbing illegal immigration as a key priority.
- Republican strategist Lanhee Chen noted that immigration remains a major issue that Trump addresses.