The recent figures on US GDP growth are causing a stir: the 4.3% increase is directly linked by Trump to the administration’s trade policies. The chairman emphasized that this is a “historic” result and not coincidental, but the outcome of a bold trade approach.
The “Hot” Numbers
In addition to the 4.3% GDP growth, the economic report also notes:
Trade deficit reduced by 60% – a significant improvement compared to analysts’ expectations
No inflation – something many experts believe is difficult to achieve simultaneously with strong growth
These indicators are used by Trump as primary evidence of the effectiveness of tariffs and trade controls.
Are Tariffs the “Silver Bullet”?
According to Trump’s statements, all these positive results are direct consequences of the administration’s trade policy. However, economists still debate the actual impact of tariffs versus other factors such as government spending or global market conditions.
Anyway, with these figures announced, it’s a positive signal for the US economy at this stage.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
US Economy Grows by 4.3% - Trump Credits Tariff Policies
The recent figures on US GDP growth are causing a stir: the 4.3% increase is directly linked by Trump to the administration’s trade policies. The chairman emphasized that this is a “historic” result and not coincidental, but the outcome of a bold trade approach.
The “Hot” Numbers
In addition to the 4.3% GDP growth, the economic report also notes:
These indicators are used by Trump as primary evidence of the effectiveness of tariffs and trade controls.
Are Tariffs the “Silver Bullet”?
According to Trump’s statements, all these positive results are direct consequences of the administration’s trade policy. However, economists still debate the actual impact of tariffs versus other factors such as government spending or global market conditions.
Anyway, with these figures announced, it’s a positive signal for the US economy at this stage.