President Donald Trump’s overnight volley

of social media posts revealed his frustrations with decision makers whose cooperation he needs to secure some of his top economic objectives.

Early Wednesday morning, Trump pointed to fresh data from the private payroll processor ADP showing the weakest monthly jobs total since March 2023 as further evidence that the Federal Reserve should lower interest rates to make borrowing easier for consumers and businesses.

“ADP NUMBER OUT!!! 'Too Late' Powell must now LOWER THE RATE. He is unbelievable!!! Europe has lowered NINE TIMES!” Trump wrote on his Truth Social platform, referring to the Federal Reserve Chairman Jerome Powell. (The European Central Bank has in fact cut interest rates seven times since last June.)

The remarks extend the president’s

long-running and unprecedented pressure campaign on the Fed chief, whom he invited to the White House last week and then renewed his demand that interest rates be lowered in person. The meeting prompted a terse statement from the central bank emphasizing its independence from political influence.

Trump’s post early Wednesday came after a separate one overnight complaining about his efforts to reach a new trade agreement with China and its president, Xi Jinping.

“I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!” Trump wrote at 2:17 a.m.

After campaigning on immediate

economic relief for U.S. households, Trump has spent his first several months back in the White House attempting to rewrite the rules of global trade in America’s favor. In the process, he and his top officials have sought to check voters’ expectations as the United States presses for trade deals with dozens of countries that have proved less eager to swiftly strike new pacts than the administration had hoped.

Meanwhile, court rulings have gummed up some of the president’s unprecedented tariff agenda, which economists increasingly say could trigger “stagflation” — higher inflation alongside lower growth and higher unemployment.

Trump is also fielding with criticism

of his massive spending bill from Elon Musk — previously his highest-profile and best-resourced ally — after the multibillionaire tech executive called the package a “disgusting abomination” Tuesday. NBC News reported Wednesday that House Speaker Mike Johnson, R-La., said Trump is “not happy” about Musk’s “180” on his agenda. The president has not directly commented on Musk’s remarks.

The nonpartisan Congressional Budget Office now projects the bill will add $2.4 trillion to the national debt over the next 10 years.