Not in Trump's Interest to Make Quick China Deal: Swissquote

The transcript discusses President Trump's hold on his base and the potential impact of the economic outlook on the 2020 election. It explores the false narrative linking Trump and GDP growth, suggesting that delaying a trade deal could benefit the US economy by prompting the Fed to cut interest rates. The discussion also highlights Trump's popularity among farmers despite weak economic data and his acknowledgment of the trade war's impact on the stock market. Additionally, it examines Trump's portrayal of the Fed as the custodian of the US economy, emphasizing the challenges of maintaining its political independence.

What is one reason President Trump might delay making a trade deal according to the discussion?

• To increase tariffs on China

• To strengthen ties with European allies

• To focus on domestic policy changes

• To wait for the Federal Reserve to cut interest rates

How has Trump's support among farmers been affected by the US-China trade war?

• It has fluctuated unpredictably

• It has decreased significantly

• It has remained unchanged

• It has increased

What did President Trump acknowledge about the trade war's impact on the stock market?

• It has no impact on the stock market

• It has caused the Dow to be lower than it could be

• It has boosted the stock market significantly

• It has only affected foreign markets

How does Trump characterize his role in the US economy compared to the Federal Reserve?

• He portrays the Fed as the main custodian of economic health

• He believes the Fed should follow his directives

• He views the Fed as responsible for day-to-day operations

• He sees himself as the sole decision-maker

What challenge does Trump's framing of the Federal Reserve's role create?

• It strengthens the Fed's influence over fiscal policy

• It makes it easier for the Fed to remain independent

• It reduces the Fed's need to adjust interest rates

• It complicates the Fed's ability to stay apolitical