Trump Declares U.S. Economy Is ‘Roaring’ Amid Tariff Pressure and Job Gains

Trump claims economic success citing strong March job numbers amid criticism over tariffs and inflation. April tariffs triggered global market losses and sharp price increases in US consumer goods. Core inflation eased slightly, but financial analysts and lawmakers warn of long-term economic risks. President Donald Trump claimed the U.S. economy is “roaring,” citing March’s addition of 228,000 jobs. He credited his administration’s economic approach for strengthening the labor market and reviving manufacturing in key industrial states. He emphasized new industrial activity across the Midwest and South, pointing to recent factory openings and domestic hiring. Trump described the data as proof that economic momentum is shifting in America’s favor. Despite the uptick in jobs, official data shows the U.S. gross domestic product (GDP) contracted by 0.6% in the first quarter of 2025. Economists link the decline to trade disruptions and weaker consumer activity, highlighting mixed signals for the economy’s overall health. Tariffs Spark Global Market Drop and Domestic Price Surge On April 2, Trump’s administration introduced broad import duties… The post Trump Declares U.S. Economy Is ‘Roaring’ Amid Tariff Pressure and Job Gains appeared first on Coin Edition .

Source: Coin Edition