On the Same Day the US Economy Shrank for the first time in Three Years, President Donald Trump Dismissed Concens that Americans would pay the Price for His Massive Tariffs.
Speaking During A Cabinet Meeting at the White House On Wednesday, Trump Responded to Question Regarding His Tariffs Against China, Admitting That It Could Lead to Higher Costs For Parents and Their Kids During the Holidays
“Somebody Said, 'Oh, The Shelves Are Gonna Be Open,'” Trump Told Reporters. “Well, Maybe The Children Will Have Two Dolls Instead of 30 Dolls, and Maybe The Two Dolls Will Cost A Coupe of Bucks More.”
The President Shifted the Blame Toward former president Joe Biden, claiming biden put the US Under “Fiscal Risk” During his office in Office. It was a strategy Trump Used Earlier On Wednesday to Deflect Criticism as the Department of Commerce ReportEd That the GDP Fell 0.3 Percent in the First Quarter of 2025, Marking the First Time The Economy Has Contracted Since 2022. In Response to the News, The Dow Jones Dropped Over 600 600 Points, While The Nasdaq and S&P 500 Each Dropped Over Two Perntage Points.
“This is Biden's Stock Market, Not Trump's,” The President Wrote on Truth Social. “I Didn'T take over UNTIL JANUGY 20th. Tariffs Will Soon Start Kicking in, and Companies Are Starting to Move Into the USA in Record Numbers.” Trump Insisted The Stock Market Plunge Had “Nothing to do with tariffs” and Assured Americans they Just Had to “Be Patient !!!”
Trump, who promise during as reelection Campaign to Lower the price of Eggs and Other Grocery Prices on “Day One,” Delivered His Remarks as inflation Indicators are acceleration and wage growth is decreasing.
The president's 145 percent china tariffs have caaved costs for american companies to skyrockets, according to The New York Timeswith the Companies Predicting Product Shortges and Higher Prices and Some Business Owners Already Consulting Bankruptcy Lawyers.
Some republican lawmakers have pushed backinst the president's attempts to escape blame. “By Introducing Tariffs to the Extent that he has, this is president Trump's Economy Now,” Sen. John Kennedy (r-la.) Said Earlier This Month. “I Don't Think It's Believable to Say that President Biden or Any former Administration Caused What's Happening.”
The First 100 Days of Trump's Return to the White House Have Seen The President and His Administration Ravage and Resttacture The Federal Government in His Crusade to Exert Executive Power Over the American People. On Wednesday, Trump Gloaded to Reporters, “I REALLY BELIEVE THE NEXT 100 DAYS Are Going To Be Posso Better This this.”
