Summary
President Donald Trump's handling of the economy during his second term is being closely observed, with specific scrutiny on inflation and trade policies. Inflation has decreased compared to earlier figures during President Joe Biden's term, while Trump has implemented tariffs to address the trade deficit. These economic policies and their impacts are critical as voters assess Trump's economic management leading into the 2026 midterms.
Key Facts
- President Trump is in his second term, and his economic policies are under voter scrutiny.
- Inflation has reduced to 2.7% in November 2025, compared to 6.8% during the same month in 2021 under President Biden.
- Inflation rates were lower at similar points in Trump's and Obama's first terms, at 2.2% in 2017 and 1.8% in 2009, respectively.
- Economic experts often note that a president's policies may not influence the economy significantly within their first year in office.
- Trump has implemented tariffs to reduce the trade deficit and bring jobs back to the U.S.
- The trade deficit decreased by about 144% from January to September, sitting at $52.8 billion.
- Critics argue that tariffs could contribute to higher consumer prices and may affect U.S. innovation in the long run.
