Donald Trump cries ‘no inflation’ as global experts flag rising prices, markets crash
- President Donald Trump stated there is no inflation in the U.S. Despite global markets experiencing a downturn, emphasizing that oil prices are down.
- Global stocks dropped sharply, with the S&P 500 expected to open about 2 percent lower and entering a bear market.
- Trump criticized China for increasing tariffs by 34 percent, calling it the 'biggest abuser,' and insisted he would not remove tariffs unless payments were made.
- The BSE Sensex in India plunged significantly, reflecting substantial investor wealth erosion.
5 Articles
5 Articles
Trump Says 'No Inflation' Amid Worst Market Crash Since 1929 After US Tariff Bomb
Trump Tariff War: Amid a sharp downturn in global markets, US President Donald Trump on Monday claimed that the United States is not experiencing inflation and doubled down on his support for tariffs. In a post responding to the economic turmoil, Trump argued that economic fundam
There's no inflation: Trump doubles down as tariffs batter global markets
US President Donald Trump denied the presence of inflation despite a global market slump, blaming past leaders and foreign nations, especially China, for exploiting the US. He defended tariffs, claiming they bring in billions weekly.
Trump’s Bold Economic Claims: A Deep Dive into Tariffs, Inflation, and Global Trade - American Stock News
Trump Tariffs – In a recent X post, President Donald Trump proclaimed a sweeping narrative of economic triumph, asserting that oil prices, interest rates, and food prices are all down, inflation is nonexistent, and the United States is reaping billions weekly from tariffs imposed on nations he deems economic abusers. He singled out China, accusing it of escalating tariffs by 34% despite his warnings, while claiming their markets are crashing as …
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