On CNBC, President Trump Touts Historic First Six Months

On CNBC, President Trump Touts Historic First Six MonthsAugust 5, 2025President 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.