In March, CBS found that only 34% of Americans blamed Trump for inflation compared to 38% who blamed Biden. However, after Trump’s “reciprocal” tariff announcement, CBS found that 54% blamed Trump only, and another 20% blamed Trump and Biden equally. It may not all be Trump’s fault, but voters still blame him.

President Donald Trump took credit for the "good parts" of the economy in an exclusive interview with NBC News airing Sunday, but said that the "bad parts" are former Presiden t Joe Biden's economy. Trump defended his tariffs, even amid the economic uncertainty stemming from the sweeping announcement.

Gross domestic product fell 0.3% in the first quarter of 2025, the weakest economic performance the U.S. has recorded since the first quarter of 2022.