{"id":53357,"date":"2025-09-19T17:38:51","date_gmt":"2025-09-19T21:38:51","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/trump-casts-doubt-on-tiktok-fee-slams-fed-chair-powell-amid-global-remarks\/53357\/"},"modified":"2025-09-19T17:38:51","modified_gmt":"2025-09-19T21:38:51","slug":"trump-casts-doubt-on-tiktok-fee-slams-fed-chair-powell-amid-global-remarks","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-casts-doubt-on-tiktok-fee-slams-fed-chair-powell-amid-global-remarks\/53357\/","title":{"rendered":"Trump Casts Doubt on TikTok Fee, Slams Fed Chair Powell Amid Global Remarks"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Former President Donald Trump<\/strong> stated that the anticipated multibillion-dollar fee from the <strong>TikTok<\/strong> deal has <em>not been fully negotiated<\/em>, despite earlier reports from the <strong>Wall Street Journal<\/strong> indicating the U.S. government expects such a payment from investors. While Trump claims <strong>Chinese President Xi Jinping<\/strong> approved the deal, Chinese readouts suggest negotiations are ongoing and details remain unclear.<\/li>\n<li><strong>Trump<\/strong> intensified his criticism of <strong>Federal Reserve Chair Jerome Powell<\/strong>, labeling him a &quot;terrible chair&quot; and arguing the Fed &quot;should have done more&quot; to support the economy. He also predicted a potential government shutdown due to disputes over an upcoming spending bill, noting the Senate had rejected competing measures.<\/li>\n<li><strong>Fitch Ratings<\/strong> upgraded <strong>Italy&#39;s<\/strong> sovereign credit rating to <strong>BBB+<\/strong> from <strong>BBB<\/strong>, citing increased confidence in the country&#39;s fiscal resilience and a stable political environment.<\/li>\n<li><strong>Trump<\/strong> confirmed discussions with <strong>Chinese President Xi Jinping<\/strong> on <em>trade, war<\/em>, and the <strong>TikTok<\/strong> deal, expressing belief that Xi would cooperate with the U.S. to help resolve the Russia-Ukraine conflict.<\/li>\n<\/ul>\n<h2>Trump on TikTok, Economy, and Global Affairs<\/h2>\n<p>Former President <strong>Donald Trump<\/strong> made a series of notable statements today, particularly regarding the ongoing <strong>TikTok<\/strong> deal. Trump declared that the multibillion-dollar fee expected from the transaction has <em>not been fully negotiated<\/em>. This assertion comes despite earlier reports from the <strong>Wall Street Journal<\/strong> indicating that the U.S. government anticipates receiving a substantial fee from the deal, which investors would pay in exchange for facilitating the agreement with China. Trump also stated that <strong>Chinese President Xi Jinping<\/strong> has approved the <strong>TikTok<\/strong> deal, adding that it &quot;have to get it signed&quot;. However, some Chinese readouts of the call did not mention a final TikTok agreement, suggesting details remain unclear and negotiations are still based on market rules. Trump further suggested the U.S. would receive a &quot;fee-plus&quot; for the deal and credited TikTok with helping him win the 2024 presidential election.<\/p>\n<p>Domestically, <strong>Trump<\/strong> continued his sharp criticism of <strong>Federal Reserve Chair Jerome Powell<\/strong>, calling him a &quot;terrible chair&quot; and suggesting he has a &quot;low IQ&quot;. He reiterated his view that the <strong>Federal Reserve<\/strong> &quot;should have done more&quot; to aid the economy. Looking ahead, <strong>Trump<\/strong> predicted a potential government shutdown over an upcoming spending bill, noting that the Senate had rejected competing measures to fund federal agencies.<\/p>\n<p>On the international front, <strong>Trump<\/strong> revealed he had a &quot;very productive call&quot; with <strong>China&#39;s President Xi Jinping<\/strong>, discussing <em>trade and war<\/em>. He expressed optimism about <strong>China&#39;s<\/strong> role in global conflicts, stating he believes Xi will &quot;work with us to help&quot; with the Russia-Ukraine situation. Separately, <strong>Trump<\/strong> also commented on his satisfaction with the <strong>COVID vaccine<\/strong>, which he previously called a &quot;Christmas miracle&quot;.<\/p>\n<h2>Market and Credit Rating Updates<\/h2>\n<p>In other financial news, <strong>Fitch Ratings<\/strong> announced an upgrade to <strong>Italy&#39;s<\/strong> sovereign credit rating, moving it to <strong>BBB+<\/strong> from <strong>BBB<\/strong>. This positive revision was attributed to increased confidence in <strong>Italy&#39;s<\/strong> fiscal resilience and a stable political environment, aligning with analysts&#39; expectations.<\/p>\n<p>Meanwhile, investment firms <strong>Apollo<\/strong> (<a href=\"\/stock\/APO\">APO<\/a>) and <strong>Diameter Capital Partners<\/strong> reportedly closed their short positions on the auto-parts firm <strong>First Brands Group<\/strong>. This action follows previous reports of <strong>Apollo<\/strong> targeting <strong>First Brands Group&#39;s<\/strong> debt with a short position.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Former President Donald Trump stated that the anticipated multibillion-dollar fee from the TikTok deal has not been fully 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