President Donald Trump is touting strong job numbers as proof of his economic leadership while blaming former President Joe Biden for lingering problems, even as economic indicators show mixed signals.
“I think the good parts are the Trump economy and the bad parts are the Biden economy because he’s done a terrible job,” President Donald Trump said in an interview with NBC’s Kristen Welker set to air on “Meet the Press.” “He did a terrible job on everything, from his autopen — which I’m sure he knew nothing about, some of the things he was supposedly signing.”
Trump did not explain how he separates the impacts of each presidency on the current state of the economy. Still, he was quick to link April’s better-than-expected jobs report to his own policies, despite only recently returning to the White House.
In the first 100 days of his new term, Trump has aggressively pushed to overhaul the global economic order, reintroducing broad tariffs that affect both rivals and allies. He has also prioritized bringing manufacturing back to the U.S., though many of his punitive measures have been temporarily paused for 90 days to allow time for negotiations.
However, the early data has not been entirely favorable. The U.S. economy contracted in the first quarter of 2025, a notable downturn from the 2.4 percent growth seen in the final quarter of 2024. Consumer confidence has also taken a hit.
“Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers,” Trump wrote on Truth Social last week. “Our country will boom, but we have to get rid of the Biden ‘Overhang.’ This will take a while, has NOTHING TO DO WITH TARIFFS, only that he left us with bad numbers, but when the boom begins, it will be like no other. BE PATIENT!!!”
In April, U.S. employers added 177,000 jobs and hourly wages rose, although many of the federal job cuts proposed by the Trump administration have not yet impacted employment figures. Despite these gains, Trump’s approval rating on economic issues stands at just 39 percent, according to a recent CNN poll.
“Ultimately, I take responsibility for everything,” Trump told Welker. “But I’ve only just been here for a little more than three months.”
He added, “The stock market — look at what’s happened in the last short period of time. Didn’t it have nine or 10 days in a row, or 11 days, where it’s gone up? And the tariffs have just started kicking in. And we’re doing really well. Psychologically, I mean, the fake news was giving me such press on the tariffs. The tariffs are going to make us rich. We’re going to be a very rich country.”
Flash floods in central Nigeria have killed at least 151 people, with authorities warning the toll may rise further as search and rescue operations continue in the flood-ravaged town of Mokwa, Niger State.
More than 500 people were arrested and two fatalities reported following chaotic celebrations across France after Paris Saint-Germain's historic Champions League victory, according to the interior ministry.
A celebration of Turkish cuisine and friendship took place in Karachi on Sunday as the Turkish Consulate hosted a World Breakfast Day event, sharing traditional flavours with a distinguished Pakistani audience.
Wildfires in western and central Canada have triggered the evacuation of more than 26,000 people, with provinces including Manitoba, Saskatchewan and Alberta facing major threats.
Indonesian rescuers are continuing their efforts to locate eight people still missing after a quarry collapse in West Java left at least 17 dead and six injured, with authorities warning of ongoing landslide risks.
Flash floods in central Nigeria have killed at least 151 people, with authorities warning the toll may rise further as search and rescue operations continue in the flood-ravaged town of Mokwa, Niger State.
A celebration of Turkish cuisine and friendship took place in Karachi on Sunday as the Turkish Consulate hosted a World Breakfast Day event, sharing traditional flavours with a distinguished Pakistani audience.
More than 500 people were arrested and two fatalities reported following chaotic celebrations across France after Paris Saint-Germain's historic Champions League victory, according to the interior ministry.
Wildfires in western and central Canada have triggered the evacuation of more than 26,000 people, with provinces including Manitoba, Saskatchewan and Alberta facing major threats.
Indonesian rescuers are continuing their efforts to locate eight people still missing after a quarry collapse in West Java left at least 17 dead and six injured, with authorities warning of ongoing landslide risks.
On May 28, the inauguration ceremony of Lachin International Airport was held.
Taxi drivers across France are protesting government plans to cut payments for driving patients to medical appointments. These cuts are part of a broader effort by Prime Minister François Bayrou to save €40 billion in the 2026 budget and reduce the country’s large deficit.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
Flash floods in central Nigeria have killed at least 151 people, with authorities warning the toll may rise further as search and rescue operations continue in the flood-ravaged town of Mokwa, Niger State.
More than 500 people were arrested and two fatalities reported following chaotic celebrations across France after Paris Saint-Germain's historic Champions League victory, according to the interior ministry.
Wildfires in western and central Canada have triggered the evacuation of more than 26,000 people, with provinces including Manitoba, Saskatchewan and Alberta facing major threats.
China has issued a formal protest against the United States over recent remarks by Defence Secretary Pete Hegseth, accusing Washington of “vilifying” Beijing and promoting confrontation in the Indo-Pacific.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 1st, covering the latest developments you need to know.
Flash floods in central Nigeria have killed at least 151 people, with authorities warning the toll may rise further as search and rescue operations continue in the flood-ravaged town of Mokwa, Niger State.
A celebration of Turkish cuisine and friendship took place in Karachi on Sunday as the Turkish Consulate hosted a World Breakfast Day event, sharing traditional flavours with a distinguished Pakistani audience.
More than 500 people were arrested and two fatalities reported following chaotic celebrations across France after Paris Saint-Germain's historic Champions League victory, according to the interior ministry.
Wildfires in western and central Canada have triggered the evacuation of more than 26,000 people, with provinces including Manitoba, Saskatchewan and Alberta facing major threats.
Indonesian rescuers are continuing their efforts to locate eight people still missing after a quarry collapse in West Java left at least 17 dead and six injured, with authorities warning of ongoing landslide risks.
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