Trump took the US economy to the brink of a crisis in just 100 days
In his first 100 days back in the Oval Office, Donald Trump has steered a once-envied economy toward the brink of crisis, endangering America’s standing as a financial safe haven and stirring fear among voters who have lost confidence in his leadership. Americans, desperate for relief from soaring grocery prices, backed Trump in November 2024, drawn partly by nostalgia for the pre-pandemic economy of his first term. But instead of delivering affordability, Trump has pushed policies almost guaranteed to drive prices higher, trigger shortages, and throw businesses—from major CEOs to small firms—into turmoil, raising the risk of recession. Determined to reshape the U.S. and global economies, Trump is betting on "beautiful" tariffs to revive a mythical golden age of the late 19th century and crush America’s trade rivals. Yet as workers watch their 401(k)s shrink and businesses scramble, the president, often seen golfing, has appeared detached from the growing anxiety rippling across the country—an anxiety that defines the first 100 days of his second term, which he marks on Tuesday.
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