'What's his plan?' 'Tariffs? No, I'm kidding!' - Leavitt on credit card cap rate

"White House press secretary Karoline Leavitt was asked for Donald Trump's plan to get credit card firms to lower the cap rate to 10 per cent - and joked 'tariffs' - as she held a briefing in DC on Thursday. "No, I'm just kidding. The President certainly has an expectation, Josh, that the credit card companies will do this, just as he did with the pharmaceutical companies that they will lower costs for American Consumers," she said. "I don't have a specific consequence to outline for you." Trump's tariffs agenda saw him impose a range of levies on countries around the world during the first year of his second term."