US President Donald Trump
In the US, Donald Trump has become President in his second term. Since then, his attitude is high. In the statements, different Gurur and Dhithai are seen. The relationship with friend Alan Musk, who supported during the election, did not go long. Musk was separated and then President Trump broke the tariff bomb on the world, which came into force in some countries and some are yet to be implemented. But in the election campaign, the decisions of Donald Trump, who gave the slogan of Make America Great Again, can prove fatal for him only. We are not saying this but telling the figures. Trump, who brought Economy’s Gloden age, is becoming a villain for America!
“Eko ego, secondo nasti, nor ghosts nor future!” This Sanskrit sentence is used in Advaita Vedanta. Which simply means that I am the one, there is no one else. Neither in the past nor in the future. It is different from Vedanta. But on this scale, President Trump is currently well. Showing the whole world, to deal with your terms on your own terms or to call the President of Ukraine in the White House.
He is engaged in the affair to make himself powerful. The world has arbitrarily implemented tariffs to go on their terms. But, his tariff’s decision has not only worried about the world’s economy. Rather, America’s financials are seen deteriorating, whose trends have started coming.
Weak signs for American economy
The impact of Donald Trump’s policies is now visible on the economy of America. If we look at the report that came out in the last one week, then the current situation of the US can be properly guessed. Employment opportunities are decreasing. Inflation is increasing. The growth rate has also slowed down compared to last year.
People’s jobs in danger
Recent economic reports are telling that the coming time can be more difficult for America. Last week data shows that if the situation remains the same, then Trump may have to face many problems. On Friday, the Jobs report showed that since the implementation of Trump’s tariff, American companies have finished 37,000 jobs in the manufacturing sector since April. In the last three months, new recruits have been very low. Only 73,000 jobs increased in July, 14,000 in June and 19,000 in May. That is, 258,000 less jobs from earlier estimates. On an average last year, 168,000 jobs were increasing every month.
The condition of inflation and GDP
The report of inflation on Thursday revealed that prices increased by 2.6% in a year till June, which is more than 2.2% in April. Prices of import items such as equipment, furniture, toys and sports goods increased rapidly from May to June. The GDP report came on Wednesday, showing that the growth rate of GDP in the first half of this year was less than 1.3%, which is much lower than 2.8% of the previous year.