Summary

President Joe Biden touted his administration’s economic recovery efforts, citing job growth, reduced inflation, and infrastructure investments, as he prepares to hand off a strong economy to Donald Trump.

Biden criticized Trump’s proposed steep tariffs on imports, warning they could harm the economy and reintroduce inflation.

Trump plans tariffs against China, Mexico, and Canada, raising concerns about trade disruptions similar to those seen during his first term.

Economists caution that such policies could quickly reverse recent economic gains and weaken the U.S. economy.

      • Clinicallydepressedpoochie@lemmy.world
        link
        fedilink
        arrow-up
        4
        ·
        edit-2
        9 days ago

        Ignoring how America leads the way when it comes to post covid recovery.

        I will never for life of me understand why Trump doesn’t take responsibility for steering us straight into the pandemic. Sure it was a global event but we watched as he ignored the issue and down played everything the entire time. Maybe I’m destined to be just as mind fucked as trump voters because watching trump voters is seriously cooking my noodle.