5 Minute News

Economic Challenges Faced by the Trump Administration

April 19, 2025

President Trump, after his election, promised to lower prices and the national debt, but his actions led to a trade war and an increase in debt reaching $36.5 trillion. Now, he is trying to reduce the debt and boost exports, focusing on job creation within the U.S. The government is facing a refinancing of $9.2 trillion in debt by 2025. His proposals include imposing tariffs and reducing interest rates to save money.