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President talks up strength of US economy in advance of midterm elections

President talks up strength of US economy in advance of midterm elections

Summary

President Donald Trump highlighted the strength of the United States economy in a speech aimed at midterm election voters. He discussed the strong stock market, rising investments, and closed borders as achievements of his administration. Trump argued against claims that his policies had not addressed the cost of living issues.

Key Facts

  • President Trump spoke about the U.S. economy in a speech in Iowa.
  • He described the economic performance as booming, with rising incomes and soaring investments.
  • Trump emphasized that the U.S. stock market was at a record high.
  • He mentioned a significant investment by the company Deere & Co in North Carolina.
  • Trump criticized the Democratic Party and warned that a victory for them in the midterm elections could undo his policies.
  • There is public debate about how the economy is doing, with some Americans feeling uncertain.
  • The U.S. economy grew by 4.3% in the last quarter of 2025, outperforming other advanced countries.
  • Economic gains have mostly benefited the wealthiest Americans.

Source Information