-6.9 C
Ottawa
Wednesday, December 24, 2025

Trump Credits Tariffs for Surprisingly Strong Economic Growth

Date:

President Donald Trump delivers remarks on reciprocal tariffs during his “Liberation Day” event in the Rose Garden at the White House on April 2, 2025. Brendan Smialowski/AFP via Getty ImagesPresident Donald Trump on Dec. 23 said that his tariffs led to a significant expansion of the U.S. economy, after a federal agency released its estimates for the third quarter of 2025.The U.S. gross domestic product (GDP) grew by 4.3 percent with an increase in consumer spending and exports, according to an estimate released by the Department of Commerce on Dec. 23.

About the author: Jack Phillips
Tell us something about yourself.
spot_imgspot_imgspot_img

Share post:

More like this
Related

6 Dead and a Family Left Reeling After Mexican Navy Medical Flight Crashes in Texas

Authorities and volunteers respond to a Mexican Navy plane...

US Tightens Controls on Tech Investment in Chinese Companies, Supply Chain Security

The $901 billion NDAA includes measures aimed at protecting...

Nearly 40 Percent More Home Sellers Than Buyers in November: Redfin

A “for sale” sign is displayed near a home...

DOGE Says 55 Contracts Worth $863 Million Canceled in Past 5 Days

The Department of Government Efficiency website is displayed on...