Economy

Trump declares an 'economic boom' as Americans continue to worry over prices

January 14, 2026

President Trump announced the start of what he called the 'Trump economic boom' during a speech in Detroit, despite rising consumer prices reported by the Labor Department. He highlighted his administration's tax cuts, tariffs, and trade deals while indicating future plans to address affordability concerns for Americans.

Trump declares an 'economic boom' as Americans continue to worry over prices

Credit: Nbcnews

Key Highlights

Trump declared the 'Trump economic boom' has begun.
Consumer prices continue to rise, according to Labor Department data.
He emphasized tax cuts, tariffs, and trade deals in his speech.
Trump plans to unveil new agenda items to address affordability in the coming weeks.

Sources

Trump declares an 'economic boom' as Americans continue to worry over prices

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Trump declares an 'economic boom' as Americans continue to worry over prices

Key Highlights

Sources

Related Stories

Federal court clears California’s new House map boosting Democrats ahead of 2026 midterms

China’s Central Bank Lowers Rates on Structural Policy Tools

IMF chief Georgieva in Kyiv to chart Ukraine’s economic survival as it prepares to mark four years of Russia’s invasion