On CNBC, President Trump Touts Historic First Six Months
August 5, 2025
- President Trump appeared on CNBC’s Squawk Box, discussing major achievements in his second term.
- He highlighted historic trade deals, claiming the U.S. is taking in trillions, with specific figures from Japan and the European Union.
- Trump promoted his Most Favored Nation drug pricing plan, aiming to lower U.S. drug costs to levels similar to Europe.
- He celebrated a drop in foreign-born workers, emphasizing more jobs for Americans.
- Trump criticized Federal Reserve Chair Jay Powell for being “too late” on interest rate cuts.
- He previewed upcoming tariffs on pharmaceuticals, pushing for more domestic production.
- Trump accused big banks of discriminating against conservatives and suggested regulatory involvement.
- He praised Treasury Secretary Scott Bessent for negotiating major trade deals.
- Trump mentioned ongoing trade talks with China, hinting at a possible deal by year’s end.
- He accused the previous Bureau of Labor Statistics leadership of releasing “rigged” job numbers under President Biden.
- Trump discussed trade with India, criticizing high tariffs and threatening to raise U.S. tariffs in response to India’s purchase of Russian oil.
