Shea Levin — text status

*Trump doubles down on threat to halt trade with top partners unless Fed cuts rates* • President Donald Trump demanded that the Federal Reserve slash interest rates or else he will cut off trade with countries with which the U.S. maintains trade deficits. • He doubled down in the Oval Office later Friday, saying, “we should be paying the lowest interest rate in the world.” • Trump has urged the central bank and its chairman, Kevin Warsh, to “get smart” and cut rates. • The U.S. has large deficits with dozens of countries, including its top trading partners.