Donald Trump has attributed the poor state of the stock market to Joe Biden, despite it being over 100 days into his presidency. The GOP is currently backing Trump's claim, although some senators express skepticism about its longevity. Following a report that the US economy contracted in early 2025, Trump remarked that the market's performance reflects Biden's influence. However, it's acknowledged that Trump's own tariff policies have influenced market fluctuations. While some GOP members initially supported Trump's stance, they seem hesitant to maintain this narrative long-term.
"That will work now," Sen. Thom Tillis of North Carolina told reporters. "It won't work six months from now."
"This is Biden's Stock Market, not Trump's," the president wrote on Truth Social. "Our Country will boom, but we have to get rid of the Biden 'Overhang.'"
"There's no question," Kennedy said on April 7. "I think once he decided to add the tariffs, clearly, I mean, he will be held responsible, as he should, whether it turns out good or it turns out badly."
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