In a scathing op-ed published in The Wall Street Journal, President Trump boasted about the economic impact of his trade policies, describing them as having "created an American economic miracle." He claimed that by imposing tariffs on nearly all foreign countries last April, he had transformed a stagnant nation into the "HOTTEST" economy in the world.
Trump took aim at his critics, including those featured frequently in The Wall Street Journal, who predicted that his policies would lead to economic meltdown. Instead, their forecasts were proven woefully wrong. Over the past nine months, the stock market has experienced 52 highs and minimal inflation, contrary to predictions of a worldwide recession.
The president credited his tariffs with driving down the federal budget deficit by 27% and slashing the monthly trade deficit by 77%. He also pointed out that American exports have surged $150 billion, factory construction is up 42% since 2022, and domestic steel production has increased by over 300,000 tons a month. China's share of US exports has plummeted to its lowest level since joining the World Trade Organization in 2001.
Trump also attacked former President Joe Biden, claiming his "radical policies" left the economy in shambles and that trillions of dollars in wasteful spending triggered the worst inflation in decades and the largest trade deficit in history. In a characteristic display of confidence, Trump declared that it was his America-first policies – including tariffs – that had made America strong and powerful once again.
The op-ed concludes with a tongue-in-cheek suggestion from Trump to The Wall Street Journal: "Perhaps it is time for the tariff skeptics at the Journal to consider putting on one of my favorite red hats — the one that reads, 'TRUMP WAS RIGHT ABOUT EVERYTHING.'"
Trump took aim at his critics, including those featured frequently in The Wall Street Journal, who predicted that his policies would lead to economic meltdown. Instead, their forecasts were proven woefully wrong. Over the past nine months, the stock market has experienced 52 highs and minimal inflation, contrary to predictions of a worldwide recession.
The president credited his tariffs with driving down the federal budget deficit by 27% and slashing the monthly trade deficit by 77%. He also pointed out that American exports have surged $150 billion, factory construction is up 42% since 2022, and domestic steel production has increased by over 300,000 tons a month. China's share of US exports has plummeted to its lowest level since joining the World Trade Organization in 2001.
Trump also attacked former President Joe Biden, claiming his "radical policies" left the economy in shambles and that trillions of dollars in wasteful spending triggered the worst inflation in decades and the largest trade deficit in history. In a characteristic display of confidence, Trump declared that it was his America-first policies – including tariffs – that had made America strong and powerful once again.
The op-ed concludes with a tongue-in-cheek suggestion from Trump to The Wall Street Journal: "Perhaps it is time for the tariff skeptics at the Journal to consider putting on one of my favorite red hats — the one that reads, 'TRUMP WAS RIGHT ABOUT EVERYTHING.'"
I'm totally stoked about what's going down in the economy right now 
Trump's trade policies are def paying off 
with a 52 high stock market month 
and inflation minimal 
. I mean, who needs experts when you've got a genius like Trump at the helm? 
And let's be real, those tariffs did drive down that federal budget deficit by 27% 
. But can we talk about how China's share of US exports has plummeted since joining the WTO in 2001? That's some serious game-changer stuff 
#TariffsWorkedForTrump #EconomicMiracle #AmericaFirst
. Trump's got his facts straight, but only if you're counting the wins for the GOP 
. The fact remains, he implemented those tariffs and they did have an impact on the economy – the question is, was it all good? The budget deficit might be down, but inflation's still a concern, and not everyone's celebrating the surge in exports, especially if you're Chinese 
.
. The economy was doing alright before he took office, and it doesn't sound like these radical policies were the main cause of the issues he's pointing out 
.
. It's like you're being proved all wrong, and even the experts are doubting themselves 
. But here's the thing: it doesn't mean you were completely off base 
.
. Other countries have been doing them for ages 
. Maybe this is just one of those instances where it worked out in America's favor? 
.
just because tariffs went up doesn't mean everything is all good 
? and btw, china's always been a huge market for us so it's not like tariffs really made that much of an impact 
. and another thing, $150 billion surge in exports? that's still pretty much just China paying us back for all the stuff we sold 'em before. don't try to spin this as some kinda economic miracle, it's just basic trade 
.
I mean, I think the guy's been exaggerating a bit too much, don't you? 
.
.
. Also, $150 billion surge in exports is a big win for American businesses 
. But let's not forget, there are still some people who were hurt by these trade policies, especially those in the steel industry 
. Trump's confidence is admirable, but we should be careful not to jump into his corner just yet 
.