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Trump Responds to Economic Data on Truth Social
Following the announcement that the U.S. economy contracted by 0.3% in the first quarter of 2025, former President Donald Trump took to his Truth Social account to express his views. In his post, Trump highlighted, “This is Biden’s stock market, not Trump’s,” emphasizing that his administration’s influence began only after January 20.
Trump Critiques Biden’s Economic Legacy
Trump pointedly remarked that tariffs would soon be enacted and noted that companies were returning to the United States in unprecedented numbers. He stated, “Our country will make a big leap, but first we need to get rid of Biden’s ‘burden’. This will take some time, it has nothing to do with tariffs, he (Biden) just left us with bad numbers.”
Optimism for Future Growth
Despite the economic downturn, Trump remained optimistic about the nation’s economic prospects, assuring that, “when the growth starts, it will be unprecedented. Be patient.” His comments suggest a belief in a forthcoming economic rebound once past challenges are resolved.