The US President is under pressure to address America’s economic woes
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Eamonn Holmes has hit out at President Trump in a scathing rant on GB News.
The US President is under pressure to address America’s economic woes after a bleak projection emerged today.
The US economy shrank 0.3 per cent in the first three months of the year as firms stockpiled imports ahead of Trump’s tariffs.
It has sparked fears that America will be plunged into a crippling recession, but top White House officials have played down such forecasts.
Eamonn Holmes criticised the President
PA / REUTERS
Speaking on GB News, Eamonn was less than impressed with the man who marked 100 days in power yesterday.
“I sit and smile because it’s theatre. I just think the man is a joke”, he said.
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“I think this is a game he plays. If I was any good at politics, I would take him on. If he shouts at you, you shout at him louder.”
He asked political analyst Tim Hames if Trump has nous as a politician or if he is thinking more about the future post-presidency.
Hames said on GB News: “I think the psychology of a business deal is really quite important to him. The mindset is not one of a professional politician.
“To the great frustration of many European political leaders, they think the question he should be asking himself of Vladimir Putin is, ‘is this a good man or not?’, Trump doesn’t think about that. He thinks that’s irrelevant.
Tim Hames spoke on GB News about Trump's time in office so far
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“The relevant question is, ‘what does he want? Where do we find this mid-position?’
“That’s the reason why, whether it’s dealing with Russia or China or even curiosities like North Korea or even backchannels like Iran, everything is about the art of the deal.
“His notion of the negotiation is, you start with an outrageous opposition. The idea of, ‘I have achieved everything’.”
Trump’s trade advisor Pete Navarro has told journalists that data showing the US economy shrank in the first quarter “should be positive news”.
He said the data has been skewed by an uptick in imports.
"What happened with the numbers today is that we had a fairly extraordinary surge of imports, driven by the rest of the world trying to get their products in here before the tariffs," he says.
"Next time, that won't be the case at all, and it will reverse.”
He pointed to a 22 per cent increase in domestic investment - which he described as “literally off the charts”.
Navarro also blamed the previous Biden administration, saying Trump “inherited a tremendously bad set of economic policies”.