APEC CEO Summit: United States President Donald Trump On Rising Wages, Falling Energy Prices, & ‘Jerome Too Late Powell’ Remark

Upgraded 29 October 2025 at 10:35 IST

At the APEC CEO Summit in South Korea, United States President Donald Trump spoke on falling energy costs, increasing earnings, while taking a dig at United States Fed Chair “Jerome Too Late Powell.

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APEC CEO Summit I United States President Donald Trump|Image: AP

At the APEC CEO Summit in South Korea, United States President Donald Trump spoke on falling energy rates, increasing earnings, while taking a dig at United States Fed Chair with the”Jerome Too Late Powell” remark. 

“He’s out in a few months, we’ll be very happy,” he stated while attending to an event of Asia-Pacific leaders and CEOs in South Korea today.

Even more, he stated, “When we announce good news, we want the stock market to go up,” indicating a United States fed rates of interest cut on October 29, which the marketplaces have currently factored in.

The two-day evaluation of the financial policy by the United States Federal Reserve is set up to end today.

At the last leg of his diplomatic trip in the area, Trump stated, “When America thrives, our partners thrive — and our alliances thrive.”

Speaking on rates of interest, Trump stated, ” We should have the lowest interest rates of any country. Without us there are no other countries, really. The whole thing falls apart. You know, America always had the lowest interest rates, and now we don’t do that. We are like number 28. It’s ridiculous”

Discussing personal capital infusion in the United States, Trump stated, “We’ll probably be at maybe even $22 trillion in investments coming into our country by the end of the first year of my second term”

He likewise voiced his expectation of a 4 % GDP development in the approaching quarter.

Enroute to South Korea today, Trump was asked on the possibility of a 3rd term at the White House.

He stated its “quite clear” the United States Constitution does not allow him to run for a 3rd term in workplace.

“I would state that if you read it, [the Constitution] it’s quite clear, I’m not enabled to run. It’s regrettable. We have a lot of terrific individuals,” he included.

On fentanyl-linked problems, Trump stated he anticipates huge development on this in his conference with Xi.

When questioned whether he would reduce fentanyl-related tariffs on China, Trump stated: “I anticipate to be decreasing that since I think that they’re going to assist us with the fentanyl circumstance.