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Trump defends the US economy with charts after job reports showed warning signs

While the stock market has been solid, job growth has turned sluggish and inflationary pressures have risen in the wake of Trump imposing a vast set of new tariffs, which are taxes on imports.

President Donald Trump holds charts as he speaks about the economy in the Oval Office of the White House, Thursday, Aug. 7, 2025, in Washington. (AP Photo/Mark Schiefelbein)
President Donald Trump holds charts as he speaks about the economy in the Oval Office of the White House, Thursday, Aug. 7, 2025, in Washington. (AP Photo/Mark Schiefelbein)
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UPDATED:

The president presented charts that he says shows the economy is solid.

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