POLITICSFINANCIAL TIMES WORLD
The Trump economy: $40tn debt, 6.7% mortgages and $5 diesel
The Trump economy faces challenges related to $40tn debt, 6.7% mortgages, and $5 diesel costs. Furthermore, the president’s agenda is under strain due to the Iran war, which pushes up prices and causes America's finances to worsen.
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Adjacent reporting
- Trump promised ‘rocket fuel.’ The economy got a ‘big yawn’ housing bill and higher debt than defense costs instead
- Trump shrugs off rising inflation as war deepens economic spiral
- Trump is facing a new inflation warning from the bond market, adding to his midterm challenges
- Trump's poll numbers tank as Iran war continues to jack up gas prices
- Trump is facing a new inflation warning from the bond market, adding to his midterm challenges