This site uses cookies. By accepting cookies you can optimise your browsing experience. Read more.
USA: Trump claims US economy 'extremely strong' after latest jobs report03:37

USA: Trump claims US economy 'extremely strong' after latest jobs report

United States, Washington, DC
July 2, 2020 at 22:31 GMT -00:00 · Published

US President Donald Trump, speaking from the White House in Washington, DC on Thursday, praised his country's latest economic data, claiming the "record-setting" numbers were proof that the United States economy was "roaring back" from the downturn brought on by COVID-19.

"Today's announcement proves that our economy is roaring back. It's coming back extremely strong," he said, after the latest data reportedly showed the fall of an unemployment rate to 11,1 per cent.

He was quick to take responsibility for the performance, stating, "The only thing that can kill it, it's a bad president or a president that wants to raise taxes. If they want to raise taxes, this whole thing - your 401K's will drop down to nothing, and your stock market will drop down to nothing."

US Treasury Steve Mnuchin was also present at the briefing, adding that the federal government would continue to work with individual states on combatting COVID-19 and re-opening their economies.

USA: Trump claims US economy 'extremely strong' after latest jobs report03:37
Pool for subscribers only
No Account? Sign up!
Description

US President Donald Trump, speaking from the White House in Washington, DC on Thursday, praised his country's latest economic data, claiming the "record-setting" numbers were proof that the United States economy was "roaring back" from the downturn brought on by COVID-19.

"Today's announcement proves that our economy is roaring back. It's coming back extremely strong," he said, after the latest data reportedly showed the fall of an unemployment rate to 11,1 per cent.

He was quick to take responsibility for the performance, stating, "The only thing that can kill it, it's a bad president or a president that wants to raise taxes. If they want to raise taxes, this whole thing - your 401K's will drop down to nothing, and your stock market will drop down to nothing."

US Treasury Steve Mnuchin was also present at the briefing, adding that the federal government would continue to work with individual states on combatting COVID-19 and re-opening their economies.

Top downloads in last 24 hours
03:03
Lebanon: Volunteers continue to clean up damage in Beirut apartments after blastsLebanon: Volunteers continue to clean up damage in Beirut apartments after blasts
August 6, 2020 at 23:40 GMT -00:00
02:48
Lebanon: Protesters blame port blasts on govt corruption at demo outside French Amb.'s residenceLebanon: Protesters blame port blasts on govt corruption at demo outside French Amb.'s residence
August 6, 2020 at 19:19 GMT -00:00
03:10
Lebanon: Protesters and security forces clash in BeirutLebanon: Protesters and security forces clash in Beirut
August 7, 2020 at 03:01 GMT -00:00
02:30
Pakistan: Protesters rally in Muzaffarabad on anniv. of India's Kashmir autonomy movePakistan: Protesters rally in Muzaffarabad on anniv. of India's Kashmir autonomy move
August 5, 2020 at 17:38 GMT -00:00
02:58
India: Srinagar marks anniv. of Kashmir autonomy revocation under curfewIndia: Srinagar marks anniv. of Kashmir autonomy revocation under curfew
August 5, 2020 at 18:00 GMT -00:00
01:12
Lebanon: Russian EMERCOM sets up airmobile hospital in BeirutLebanon: Russian EMERCOM sets up airmobile hospital in Beirut
August 6, 2020 at 13:26 GMT -00:00
00:44
Lebanon: Homes strewn with broken glass as Beirutis count cost of port blastsLebanon: Homes strewn with broken glass as Beirutis count cost of port blasts
August 6, 2020 at 16:55 GMT -00:00
03:24
Lebanon: Drone footage shows devastation of Beirut blastLebanon: Drone footage shows devastation of Beirut blast
August 5, 2020 at 13:40 GMT -00:00
Pool for subscribers only
02:35
France: Paris sends aid to Lebanon after deadly blastsFrance: Paris sends aid to Lebanon after deadly blasts
August 6, 2020 at 09:47 GMT -00:00
Pool for subscribers only
00:26
Lebanon: First aircraft carrying humanitarian aid from Russia lands in BeirutLebanon: First aircraft carrying humanitarian aid from Russia lands in Beirut
August 5, 2020 at 22:45 GMT -00:00
Pool for subscribers only
02:29
Lebanon: Macron warns 'Lebanon will continue to sink' without reforms during Beirut visitLebanon: Macron warns 'Lebanon will continue to sink' without reforms during Beirut visit
August 6, 2020 at 13:20 GMT -00:00
01:16
Lebanon: Beirut lies in ruins as death toll of port explosions rises to 135Lebanon: Beirut lies in ruins as death toll of port explosions rises to 135
August 6, 2020 at 07:49 GMT -00:00
01:26
Lebanon: Justice Minister Marie-Claude Najm accosted by angry mobLebanon: Justice Minister Marie-Claude Najm accosted by angry mob
August 6, 2020 at 21:21 GMT -00:00
02:18
Lebanon: Debris, collapsed structures mark explosion epicentre at Beirut portLebanon: Debris, collapsed structures mark explosion epicentre at Beirut port
August 6, 2020 at 11:43 GMT -00:00
03:52
Lebanon: Destruction left by deadly Beirut blast revealed in drone footageLebanon: Destruction left by deadly Beirut blast revealed in drone footage
August 5, 2020 at 15:21 GMT -00:00
02:50
Yemen: Flooding of Marib region kills at least 17Yemen: Flooding of Marib region kills at least 17
August 7, 2020 at 06:05 GMT -00:00
00:53
Russia: Ostankino Tower goes dark to pay respects to Beirut blast victimsRussia: Ostankino Tower goes dark to pay respects to Beirut blast victims
August 7, 2020 at 00:23 GMT -00:00
02:59
France: Armed hostage taker surrenders to police at Le Havre bankFrance: Armed hostage taker surrenders to police at Le Havre bank
August 7, 2020 at 01:01 GMT -00:00
Pool for subscribers only
01:05
Russia: Court convicts New Greatness participants of creating extremist organisationRussia: Court convicts New Greatness participants of creating extremist organisation
August 6, 2020 at 17:15 GMT -00:00
03:55
Belarus: Hundreds rally in support of opposition candidate Tikhanovskaya in MinskBelarus: Hundreds rally in support of opposition candidate Tikhanovskaya in Minsk
August 7, 2020 at 00:15 GMT -00:00
01:42
France: Hostage released at Le Havre bankFrance: Hostage released at Le Havre bank
August 6, 2020 at 20:28 GMT -00:00
03:16
Japan: Hiroshima marks 75th anniversary of atomic bombJapan: Hiroshima marks 75th anniversary of atomic bomb
August 6, 2020 at 05:55 GMT -00:00
Pool for subscribers only
03:34
Brazil: Rescued penguins released to join colonies in PatagoniaBrazil: Rescued penguins released to join colonies in Patagonia
August 6, 2020 at 12:50 GMT -00:00
00:15
France: Armed man takes hostages at bank in Le HavreFrance: Armed man takes hostages at bank in Le Havre
August 6, 2020 at 18:10 GMT -00:00
02:45
Lebanon: Beirut blast survivors describe harrowing ordeal from hospitalLebanon: Beirut blast survivors describe harrowing ordeal from hospital
August 5, 2020 at 17:24 GMT -00:00
02:37
Netherlands: Face masks mandatory in Red Light District as Amsterdam enforces rule in busy placesNetherlands: Face masks mandatory in Red Light District as Amsterdam enforces rule in busy places
August 6, 2020 at 07:30 GMT -00:00
01:55
Lebanon: Wreckage smoulders in Beirut port after deadly explosionsLebanon: Wreckage smoulders in Beirut port after deadly explosions
August 5, 2020 at 13:52 GMT -00:00
Pool for subscribers only
00:41
Italy: Tourist posing for photo breaks toes of 19th Century Canova sculpture​Italy: Tourist posing for photo breaks toes of 19th Century Canova sculpture​
August 6, 2020 at 01:58 GMT -00:00
02:35
France: Paris's Lebanese community hold vigil to honour Beirut blast victimsFrance: Paris's Lebanese community hold vigil to honour Beirut blast victims
August 6, 2020 at 02:40 GMT -00:00
02:03
Lebanon: Families of missing people gather at Beirut port to demand answersLebanon: Families of missing people gather at Beirut port to demand answers
August 6, 2020 at 14:35 GMT -00:00
Pool for subscribers only
00:08
Space: Before-and-after Russian satellite images highlight scale of destruction in Beirut *STILLS*Space: Before-and-after Russian satellite images highlight scale of destruction in Beirut *STILLS*
August 5, 2020 at 17:33 GMT -00:00
View all videos