Trump Addresses Economy, China, Canada, and Ukraine in Cabinet Meeting

President Donald Trump stated on Wednesday, April 30th, that the next quarter's economic indicators will reflect Joe Biden's policies. He distanced himself from taking credit or blame for the stock market's performance. Trump claimed the recent fluctuations show how dire the situation he inherited from Biden was. Trump asserted that Biden left the country in fiscal and financial peril. He also mentioned that the stock market is just one indicator. This statement followed the report of a 0.3% decline in the U.S. GDP for the first quarter. During the meeting, Trump criticized China, calling it the primary candidate for taking advantage of others. He noted China's economic difficulties and the need for a fair agreement. Trump also mentioned a good relationship with Canada and a planned visit from the Canadian Prime Minister. Regarding Ukraine, Treasury Secretary Scott Bessent said they were ready to sign a minerals agreement. However, the Ukrainians decided to make last-minute adjustments. Trump emphasized the strategic importance of rare earth minerals and the intention to have Americans on-site with the agreement.