9531 views | May 01, 2025, 01:46:16 AM | TOI.in
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FULL: Trump Shrugs Off Blame For Shrinking GDP, Stock Market Mess; 'This is Biden...Not Tariffs'

President Donald Trump has blamed former President Joe Biden for the sharp stock market downturn and a 0.3% GDP contraction reported in Q1 2025 — the worst market performance in any president's first 100 days since Nixon. Despite recent tariff announcements being linked to market jitters, Trump insisted the economic slump is the result of Biden's “bad numbers” and not his own policies. Trump urged patience, claiming a future boom is on the way as companies relocate to the U.S., and downplayed the current struggles as growing pains from inheriting Biden’s “mess.”

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