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Getty Images President Donald Trump speaks at the Economic Club of New York on Tuesday.
President Donald Trump on Tuesday called a U.S.-China trade deal close, as he also spoke at a fundraiser in New York.
ECONOMIC CLUB SPEECH
Speaking to the Economic Club of New York, Trump described the first phase of a trade agreement as something that “could happen soon,” but gave no details on finalizing a pact. In the speech he also touted U.S. job creation and blasted the Federal Reserve, a frequent punching bag, for cutting interest rates too slowly. Fed Chairman Jerome Powell is scheduled to appear in back-to-back testimonies on Capitol Hill Wednesday and Thursday.
Read more about Trump’s speech.
U.S. stocks DJIA, +0.00% SPX, +0.16% COMP, +0.26% held on to modest gains as Trump spoke.
FUNDRAISER
While in New York, Trump spoke at a luncheon fundraiser hosted by America First Action, a super PAC supporting his re-election.
The organization raised $4 million through the event, CNBC reported.
