‘That’s Biden’: Donald Trump deflects blame as US economy contracts

US President Trump downplayed the US economic contraction, blaming his predecessor and citing import surges before his tariffs. Aides offered conflicting explanations, while Democrats criticized Trump's economic policies. Markets reacted negatively amid tariff concerns, with economists warning of a policy-induced downturn unless tariffs are reversed.

‘That’s Biden’: Donald Trump deflects blame as US economy contracts
US President Trump downplayed the US economic contraction, blaming his predecessor and citing import surges before his tariffs. Aides offered conflicting explanations, while Democrats criticized Trump's economic policies. Markets reacted negatively amid tariff concerns, with economists warning of a policy-induced downturn unless tariffs are reversed.