Key points of Trump's interview overview involving the Fed, tariffs, trade, and other hot topics.

Shaw, Golden Finance

On the morning of August 5, local time, U.S. President Trump was interviewed by CNBC's "Squawk Box" program, where he spoke on a series of hot topics.

According to the整理 by Golden Finance, this speech mainly covered topics such as the Federal Reserve, tariff trade, immigration policy, banking, and global geopolitical issues. The main content is summarized as follows:

1. Federal Reserve Monetary Policy and the Next Chair Candidate

In his speech, Trump once again criticized Powell for delaying interest rate cuts. Trump stated that the Federal Reserve chairman is political and that Powell lowered rates too late. He ruled out the possibility of appointing U.S. Treasury Secretary Mnuchin as Federal Reserve chairman. Trump said, "I really like Scott, but he wants to stay at the Treasury." Trump mentioned that he is considering four candidates for the Federal Reserve chairman position, including one of his economic advisors, Kevin Hassett, and former Federal Reserve governor Kevin Warsh. However, he refused to disclose the names of the other two candidates.

Trump says he may announce the new chairman of the Federal Reserve soon, and the decision on the candidates for the Federal Reserve Board will be made this weekend.

2. Tariff and Trade Policy

Regarding tariff policies, Trump announced a substantial increase in drug tariff rates (up to 250%) and stated that he would announce tariffs on drugs and chips within the next week. He introduced that the tariffs on drug imports would start at a lower level and could ultimately reach 250%. Trump said he would initially impose a "small tariff" on drugs, but within a year to a year and a half, he would raise that rate to 150%, and then to 250%.

In addition, Trump stated that due to India's continued purchase of Russian oil, he would significantly raise tariffs on India within the next 24 hours, with the current rate being 25%, but he did not specify the new tariff rate for India. Trump said, "India is the highest tariff country and is not a good trading partner."

Trump also mentioned that he supports the recent trade agreements reached with Japan and the European Union. However, he stated that if the EU does not fulfill its obligations, a 35% tariff will be imposed on the EU.

3. Immigration Policy

Regarding immigration policy, Trump stated that immigration rules concerning farmers will be introduced. He expressed that agricultural workers cannot be easily replaced by immigrant workers, and farmers should not be left isolated and helpless.

4. Bank Issues

Regarding the banking issue, Trump stated that he believes banks, including JPMorgan Chase and Bank of America, are discriminating against him and his supporters. He is currently preparing to take action against those banks that allegedly abandoned clients for political reasons.

Trump said he believes that several banks discriminate against his supporters, adding that Bank of America and JPMorgan Chase have discriminated against him in the past by refusing to accept his deposits. In an interview, he stated: "I believe they completely discriminate against me, and moreover, they discriminate against many conservatives. I think the term discrimination applies more to Trump's supporters than to conservatives."

Based on Trump's remarks, a JPMorgan spokesperson subsequently stated: We will not close accounts for political reasons. We agree with President Trump's view that regulatory reform is imminent. We commend the White House for its efforts in addressing this issue and look forward to working with them to get this done.

5. Russia-Ukraine conflict

Regarding the Russia-Ukraine conflict, Trump stated that a drop in energy prices could pressure Russian President Putin to stop the conflict in Ukraine. In an interview with CNBC, Trump said, "If we can get energy prices to drop by another $10 a barrel, Putin will have no choice because his economy is in shambles."

6. US economic data

Regarding the issue of U.S. employment data, Trump reiterated his accusation that the labor statistics have been manipulated. He stated that the labor statistics are outdated and highly politicized.

Regarding the U.S. employment data, Trump has previously made frequent statements, claiming that the employment report is manipulated, just like the data was manipulated before the presidential election. Trump also stated that he would choose an outstanding successor for the U.S. Labor Department.

7. Future Successor

Regarding the issue of his successor in the future, Trump stated in his speech that the current Vice President Vance is "most likely" to become the heir to his "Make America Great Again" (MAGA) movement.

U.S. Secretary of State Rubio had earlier stated that if Vance decides to run, he would be a great nominee. Trump responded by saying: "I think he (Vance) is the most likely one." He added, "We have some really outstanding talent, some of whom are sitting on this stage today. So it's too early to talk about this now, but one thing is certain, Vance is currently doing an excellent job, and he is probably the most favored candidate right now."

Trump also stated in an interview that he "may not" seek a third presidential term.