Trump blames ‘unhealthy components’ of economic system on Biden


Thank you for reading this post, don't forget to subscribe!

U.S. President Donald Trump walks to board Marine One to depart for Alabama, on the South Garden of the White Home in Washington, D.C., U.S., Could 1, 2025.

Nathan Howard | Reuters

President Donald Trump took credit score for the “good components” of the economic system in an unique interview with NBC Information airing Sunday, however stated that the “unhealthy components” are former President Joe Biden’s economic system.

Trump defended his tariffs, even amid the financial uncertainty stemming from the sweeping announcement.

“In the end, I take accountability for all the pieces, however I’ve solely simply been right here for slightly greater than three months,” Trump stated.

“The tariffs have simply began kicking in. … The tariffs are going to make us wealthy. We will be a really wealthy nation,” he added.

It is not the primary time that Trump has tried to shift blame to his predecessor. Simply final week, he put the onus on Biden for the U.S. economic system contracting within the first quarter of the 12 months.

Learn extra CNBC politics protection

Trump additionally doubled down on feedback he made throughout a Cupboard assembly earlier within the week, when he dismissed considerations that his tariffs would result in provide shortages.

“I do not suppose a good looking child woman wants – that is 11 years previous – must have 30 dolls,” Trump stated.

“I am simply saying [children] need not have 30 dolls, they’ll have three, they need not have 250 pencils, they’ll have 5,” he added.

Within the interview, Trump additionally downplayed the chance of long-term unfavourable impacts from his tariffs on the U.S. economic system, even when the U.S. experiences a recession within the brief time period.

“Look, yeah, it is — all the pieces’s OK. What we’re — I stated, this can be a transition interval. I believe we’ll do fantastically,” he advised Welker.