Trump talks about conflict with Musk: Have become friends again

Mars Finance News, June 6 — Over the past 24 hours, U.S. President Donald Trump has made intensive statements on topics including the economy, monetary policy, the Middle East situation, and artificial intelligence.

In terms of the economy, Trump said that the U.S. May non-farm employment data was “very strong.” He believes that economic growth does not mean inflation. He added that the stock market should have risen rather than fallen. At the same time, he reiterated his wish to see interest rates lowered, but said he would leave the decision on whether to cut rates at the October FOMC meeting to the newly appointed Federal Reserve chair, Wash.

Regarding the Middle East situation, Trump said he would quickly end military actions against Iran to ease pressure from rising energy and fertilizer prices. He also said that although no agreement has been reached with Iran yet, “Iran has no choice but to reach an agreement.” In addition, Trump claimed that the U.S. has significantly destroyed Iran’s missile and drone systems, and said Iran’s remaining missile stockpile is about 21% to 22% of pre-war levels.

In the technology sector, Trump revealed that the government is considering allowing the American public to participate in leading artificial intelligence companies by holding shares. He said it has engaged in communications with companies about the idea but did not disclose specific details. When mentioning his previous public conflicts with Musk, Trump said that the two have “become friends again.”

In addition, the White House confirmed that Trump has pardoned former Republican U.S. Representative Stephen Byer. Byer was sentenced to 22 months in prison for trading using insider information related to a $23 billion merger between Deutsche Telekom’s U.S. subsidiary and Sprint Communications.