It’s Trump’s economy now. The latest financial numbers offer some warning signs
August 1, 2025
President Donald Trump’s economic policies are facing scrutiny as weak indicators emerge. Job gains are dwindling, inflation is rising and growth has slowed compared to last year. More than six months into his term, Trump’s tariffs and tax changes have reshaped the economy. On Friday, a bleak jobs report showed a decline in manufacturing jobs, and Trump fired the head of the agency responsible for the data. Critics warn that Trump’s aggressive use of tariffs and tax changes could backfire. The White House, however, remains optimistic, claiming the best is yet to come.
