Trump pressures New York to cancel congestion fees.

On February 8th local time,FXCM mobile trading platform President Trump, in an exclusive interview with the New York Post, stated that he is pushing for a plan to cut funding through the Federal Department of Transportation to force the New York State government to cancel Manhattan's upcoming congestion charge policy. This statement has immediately attracted widespread attention and may impact New York's transportation construction funding.

Reducing federal funds to pressure the New York State government

According to reports, the Trump administration plans to take two key measures to pressure New York State: first, by withholding some federal transportation funds, and second, by re-examining the congestion charge environmental assessment process approved by the Biden administration. The New York State government originally planned to start charging congestion fees for vehicles entering Manhattan's core area from 2024 to alleviate traffic congestion, improve air quality, and provide funding support for the public transportation system.

However, Trump strongly opposes this, stating: "The congestion charge will have a devastating impact on New York City, and people will be unwilling to come to New York." He believes that by cutting federal funds, the New York State government can be forced to reconsider this charging policy. According to reports, New York State was initially scheduled to receive a total of $36 billion in federal transportation funds over the next five years, continuing until the end of 2026, and Trump's plan may result in some of these funds being reduced.

Trump also stated that he is still willing to negotiate with New York Governor Kathy Hochul on canceling the congestion fee and hopes to reach an agreement. He emphasized that if the congestion fee policy continues to be implemented, New York's business environment might be affected.

Trump vows to adjust New York City planning

In addition to the congestion charge issue, Trump stated in the interview that he plans to adjust urban planning in New York City. He vowed to reduce bike lanes and pedestrian paths on streets and strengthen control over immigrant crime to restore urban order. He claimed that the expansion of these infrastructures has impacted New York's normal traffic and believes that the current immigration policy has exacerbated urban security issues.

Trump's series of statements have elicited strong reactions from the outside world. Supporters believe that canceling the congestion fee will help restore New York's commercial attractiveness, while critics argue that Trump's approach may harm New York City's transportation improvement plans, especially the long-term funding support for the public transportation system.

Currently, the New York State government has not officially responded, but it is predictable that the contention over the congestion fee will continue, and whether Trump's pressure strategy will be effective remains to be seen.

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