US EditionIt's Trump's economy now. The latest financial numbers offer some warning signs
UNITED STATES, AUG 2 – U.S. manufacturing lost 37,000 jobs since April tariffs, with net hiring down 258,000 over three months, challenging claims of economic growth under Trump policies.
- Despite President Trump’s assurances of a booming economy, recent data indicate that U.S. economic growth slowed to under 1.3% annually in the first half of the year.
- This slowdown follows Trump's aggressive policies, including tariffs, tax, and spending bills that have remodeled key economic sectors more than six months into his term.
- Key details show net hiring has plummeted with combined job gains for May to July 258,000 lower than prior reports, and 37,000 manufacturing jobs lost since April's tariff launch.
- A July survey conducted by The Associated Press-NORC Center found that approval of Trump's economic management rests at just 38% of adults, a decline from the 50% approval recorded at the conclusion of his first term.
- While the White House projects growth as policies take effect, experts say the economy is merely slogging forward and full inflationary tariff impacts are not expected until 2026.
24 Articles
24 Articles
It’s Trump’s economy now. The latest financial numbers offer some warning signs. - The Boston Globe
It’s possible that the disappointing numbers are growing pains from President Trump's rapid transformation of the economy — or they may be a preview of even more disruption to come.
It’s Trump’s economy now. The latest financial numbers offer some warning signs.
WASHINGTON — For all of President Donald Trump’s promises of an economic “golden age,” a spate of weak indicators this week told a potentially worrisome story as the impacts of his policies are coming into focus. Job gains are dwindling. Inflation is ticking upward. Growth has slowed compared with last year. More than six months into his term, Trump’s blitz of tariff hikes and his new tax and spending bill have remodeled America’s trading, manuf…
Despite all of President Donald Trump’s promises of an economic “golden epoch,” a series of weak indicators this week revealed a potentially worrying situation as the impact of his policies becomes apparent. Employment growth is decreasing. Inflation is beginning to rise. Growth has slowed down compared to last year. More than six months since his second term began, the wave of Trump’s tariff increases and his new tax and expenditure law have tr…
It's Trump's economy now. The latest financial numbers offer some warning signs (World)
For all of President Donald Trump's promises of an economic 'golden age,' a spate of weak indicators this week told a potentially worrisome story as the impacts of his policies are coming into focus. Job gains are dwindling. Inflation is ticking upward. Growth has slowed compared with last year. Mor...
CHRONIQUE. The policy of regulating, lowering the tax rate, prioritizing private assets threatens the United States with an economic and financial crisis.
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