Trump Defends Tariffs, Says Economy Is in ‘Transition,’ Blames Biden for Weakness

President Donald Trump defended his economic policies in an NBC News interview, claiming credit for recent gains while blaming former President Joe Biden for lingering challenges. He described current economic struggles as a “transition period” and said the U.S. is poised to “do fantastically.” Trump reaffirmed support for his sweeping tariffs, stating they will generate wealth. He downplayed concerns about tariff-related supply shortages by arguing that American children do not need excessive quantities of consumer goods like dolls or pencils.