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Trump links 4.3% GDP growth to tariffs, but job losses and inflation persist amid Supreme Court review of his tariff power.
President Donald Trump credited his administration’s tariffs for a 4.3% annualized GDP growth in the third quarter of 2025, the highest in two years, citing strong consumer spending and rising exports.
While the Commerce Department reported the expansion across multiple sectors, a top trade adviser, Peter Navarro, acknowledged that manufacturing jobs have declined since tariffs began, attributing the slowdown to the time needed to rebuild domestic supply chains.
Despite Trump’s claims of record investment and low inflation, November inflation remained at 2.7%, and economists warn of weakening momentum due to consumer fatigue and a potential slowdown in spending.
The Supreme Court is set to rule on the legality of Trump’s unilateral tariff authority, which could reshape executive power and trade policy.
Trump vincula el crecimiento del 4,3% del PIB con los aranceles, pero las pérdidas de empleos y la inflación persisten en medio de la revisión de la Corte Suprema de su poder arancelario.