Trump stated on social media that U.S. interest rates should be lowered to 1% or lower, arguing that the United States has the world's strongest credit and that the current economy is attracting substantial new investments. He claimed that if the U.S. stops trading with countries running trade deficits, it could gain at least $1.5 trillion in annual benefits, stating that 'deficit' essentially means 'loss,' and the U.S. cannot continue bearing global trade costs over the long term. Trump again urged the Federal Reserve to rapidly cut interest rates, saying that lowering borrowing costs would help U.S. economic development. [Odaily]