Trump claims economic improvement could take six months

Former President Donald Trump has shifted his timeline for a strong U.S. economy, now suggesting it could take “six months to a year” before his promised economic boom becomes reality. Initially, he claimed his administration would create a “golden age” for the economy, but is now warning that change will not happen overnight. Administration officials have downplayed early successes, attributing any signs of economic strength to former President Joe Biden. They say that Trump’s economic plans might take time to show positive effects. Treasury Secretary Scott Bessent mentioned that the U.S. is still facing the effects of "Bidenflation." Trump's team asserts that by the fourth quarter, the economy will start to reflect his policies. Trump’s proposed tariffs, starting April 2, have become a concern for many economists. There are fears that these tariffs could lead to stagflation or recession. Recent polls show that many voters disapprove of Trump's handling of the economy. Some analysts argue that his tariff policies are hurting consumer confidence and stock market performance. While Trump focuses on domestic manufacturing and reducing deficits, critics warn that short-term challenges may overshadow long-term goals. The mixed economic data shows slow consumer spending alongside some improvements in manufacturing and inflation. The National Economic Council Director claims recent factory output increases are due to Trump's trade policies. Despite the uncertainty, Trump’s administration plans to push for tax cuts to alleviate economic pressure. Some economists believe that the tariffs could be a major risk for the economy. While Trump and his allies argue they are a strategic tool for negotiation, others caution about the potential long-term impacts. The political landscape suggests that both major parties will seek to claim credit—or blame—for the current state of the economy.