U.S. President Donald Trump said that the American economy is ready for rapid growth after reaching agreements to end the war with Iran. This was reported by Bloomberg, writes UNN.
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During a speech at the Mack truck manufacturing plant in Pennsylvania, Trump emphasized that the end of the conflict is already having a positive impact on the energy market. According to him, lower oil prices should help reduce the cost of many goods and services.
Trump bets on the economy ahead of elections
The American leader also once again defended his tariff policy, stating that it helped reduce the trade deficit with China and support American manufacturing. In addition, he recalled his initiatives to lower drug prices and provide tax breaks.
Trump is losing working-class support on the economy14.06.26, 09:58
Trump visited Pennsylvania amid preparations for the midterm congressional elections, which will take place in the fall. During the trip, he supported Republican Congressman Ryan Mackenzie, who is considered one of the party's most vulnerable candidates.
Polls show dissatisfaction with economic policy
At the same time, according to the agency, Republicans are facing growing voter dissatisfaction due to high prices for housing, food, medical services, and utilities. Additional pressure on the economy was caused by the war with Iran, which earlier led to a spike in oil and gas prices.
According to an Associated Press-NORC poll conducted this month, only about a third of Americans approve of Trump's economic policy. Despite this, the president said the U.S. economy is "ready to soar to levels the world has never seen."
Only a quarter of Americans consider war with Iran justified – Reuters/Ipsos poll24.06.26, 01:15