Trump, Bideni GDP off to GDP, defends tariffs, ‘Be patient!’

President Donald Trump He blamed his Salaf on Wednesday and defended his sweep tariffs Once the new data is shown to the United States economy communication In the last quarter, the “Bum” promised by the “Bum” warning.

“This is (former president) Joe) BidenNot Trump’s stock exchange. I didn’t last until January 20, “said Trump told a Truth Social Writing.

“Tariffs will soon begin to kick and companies start moving to the United States in record numbers. We must be rid of our country, but Biden, ‘he said.

“It will last for a while, there is nothing to do with tariffs, but it will be like anyone else when he leaves us with bad numbers. Be patient !!!” Trump wrote.

The Defense Social Media Post came a while before the release of the US trade department The gross domestic product fell in the first three months of the year in 0.3% per annum.

It was the first quarter of negative growth since 2022.

Trump’s claim that Negative GDP and the next market decreased, the result of Biden’s policy is inaccurately. According to the trade department, the GDP is reflected in the import wave of the companies that are trying to prevent Trump’s promised tariffs.

In addition, according to the federal contracts, which is widely canceled in the government spending in the last quarter, the highest Trump Advisor Elon Çatül was ordered by the Government Efficiency Department.

Earlier Wednesday morning, a separate report showed that in April, 62,000 in April, the Dow Jones grew from the consensus estimate of 120,000.

The weak recruitment report from the ADP has noted the smallest profit from July 2024. He also showed a graded drop in salary growth Earned 147,000 decline income in March.

Point After the report of GDP and disappointed corporate conclusions, clearly openly collapsed.

Bad economic data can be hung to hang over two more than two of Trump Business leaders Then on Wednesday at the White House. In response to the reports, the guilty may travel by increasing their final efforts to get a loan because the positive economic developments are being killed.

For example, in a speech celebrating the 100th day of the second presidential term on Tuesday evening, Trump said, “Prices fall down.”

In fact, the latest GDP report showed Private consumption costs The price index, the Fed’s preferred inflation measure, increasing by 3.6% in Q1, increases by 2.4% in the previous quarter.

Meanwhile, experts caught the consumer confidence that protects the confidence of shrinking salary numbers and square consumers and the rump tariff policy.

The current attempt of Trump’s liability for the economy is a mirror image of efforts to take a loan for the stock market when the increase occurred during the Biden administration.

On January 29, 2024, the candidate for the presidential candidate The truth is social“This is the Trump Exchange, because my surveys against Buden are so good that investors are predicting that investors will win.”

– CNBC’s Jeff Cox and Sean Conlon contributed to this report.