Strong growth of the US economy in the third quarter and Trump praises his policies

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Strong growth of the US economy in the third quarter and Trump praises his policies

Achieved United States growth Economically was strong in the third quarter of the current year 2025, as its rate rose to 4.3% according to a report published on Tuesday." target="_blank">Trump pointed to his announcement as evidence that his policies are working, saying that "Trump’s economic golden age is underway"
Analysts were waiting for a decline in economic activity, as they expected GDP growth to decline from 3.8% in the previous quarter to about 3.2%, according to "Market Watch" and"Trading Economics"
The growth rate achieved represents an increase of 1.1% over what it was in the second quarter, and one of the most prominent factors that led to it "Consumption accelerates" There was an increase in exports and public expenditures, while investments witnessed a slight decline during this period.
The publication of these initial estimates was delayed by about two months due to the government closure that extended from October 1 to November 12, and disrupted the work of statistical agencies.

Trump’s economic golden age

Trump commented on these results on his platform. "Truth Social"And he said "Trump’s economic golden age is in full swing"referring to himself in the third person.
He added: "The economists were wrong, but Trump and some other geniuses were right".

In another post, he attributed this "Impressive economic numbers" To the customs duties that were imposed since his return to power, which caused major disruption in international trade and caused problems for the industrial sector.
Trump also repeated his famous saying: "There is no inflation"

Interest rate reduction

The financial markets were still hoping that the Federal Reserve would cut interest rates on January 28 in order to boost growth and profits.
The gross domestic product has witnessed fluctuations so far, as a sudden contraction of -0.6% was recorded at the beginning of the year, as a result of a large increase in imports in anticipation of the customs duties that President Donald Trump was imposing.
But the second quarter witnessed the opposite results, as imports decreased and consumption continued at a rapid pace. itself in the recovery of the economy.
A number of economists pointed out that the achieved growth lacks balance, as it is mainly based on investments in the field of artificial intelligence and the construction of data centers, while traditional sectors suffer from difficulties.