US EditionAbout half of Americans say the economy is Trump’s responsibility: Survey
- The U.S. Government reported a 41% surge in imports on Wednesday, the largest since 1972 excluding the pandemic, causing the economy to shrink 0.3% annually in early 2025.
- This import surge resulted from companies rushing to beat new 10% tariffs imposed by Trump on almost all countries, including a 145% tariff on China, amid erratic protectionist policies and Beijing's retaliation.
- Surveys show falling manufacturer orders and production, while the S&P 500 has declined 7% since January 20, 2025, reflecting uncertainty linked to tariffs and trade tensions under Trump’s policies.
- Experts like Mark Zachary Taylor and Joseph Stiglitz attribute economic issues and market drops to Trump's trade war and tariffs, although Trump blames the previous administration; Taylor notes the complexity of presidential economic responsibility timing.
- The economic contraction and trade conflict suggest short-term challenges, while Commerce Secretary Howard Lutnick forecasts tariff benefits may emerge in the second half of 2025, highlighting ongoing uncertainty for businesses and investors.
45 Articles
45 Articles
About half of Americans say the economy is Trump’s responsibility: Survey
(The Hill) — Nearly half of Americans said the current condition of the U.S. economy is President Trump’s responsibility rather than his predecessor former President Biden, according to a new survey that was published on Friday. The Gallup poll found that 46 percent of adults said that Trump is responsible for the current state of the nation’s economy, while another 27 percent of respondents blamed Biden. Just over a fifth of respondents, 21 p…
Trump says the economy is Biden's
When the stock market rose in January 2024, Donald Trump knew exactly who deserved the credit: he. Almost a year before his return to the White House, he stated on his platform Truth Social that investors were celebrating his advantage in the polls against President Joe Biden. When the stock market fell on Wednesday to the news that the U.S. economy had receded during the first three months of 2025, Trump knew exactly who to blame: Biden. “This …
Ignore Trump's Distractions, This Is His Economy Now
Many people have complained about New York Times headlines, with reason. All too often an equivocating, sanewashing headline belies the excellent reporting that follows. But yesterday the Times got it right about the first-quarter decline in GDP: “Trump boasts about the economy, but says weak data is Biden’s problem.”There will be much more of this as the data get worse, which they will. (I’m going to keep treating “data” as plural unless it ref…
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