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US economy status under Trump
The article examines the current state of the US economy under President Trump, highlighting that it is growing at an annual rate of 2.2% with a 3.2% increase since late 2024. While household incomes have risen, inflation remains at 3.7%, higher than when Trump took office, partly due to tariffs and global energy disruptions. Job creation has slowed compared to previous years, and rising government borrowing has increased interest rates, impacting mortgage affordability and the housing market. Overall, the economy shows signs of growth but faces challenges from inflation and fiscal deficits.
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