U.S. President Donald Trump said the U.S. economy was “taking off strongly,” citing gains in major stock indexes and other indicators.
According to Jin10, Trump said the stock market had just posted its best quarterly performance since his previous presidential term, with the S&P 500, Nasdaq, and Dow Jones indexes all rising sharply. He added that Americans’ 401(k) retirement account assets had continued to increase.
Trump said his tax-cut policy for working families had left U.S. households with more money. He also said the U.S. trade deficit had continued to narrow and that exports had hit record highs for several consecutive months.
Trump said the United States was building, producing, and selling at an unprecedented pace. He added that trillions of dollars in new investment attracted under his administration would mean more factories, more jobs, and more development opportunities for the American people.
Trump described these developments as a victory and said America’s “golden age” had begun and was only just starting.