Trump Credits Tariffs for Strong US GDP, Dismisses Inflation Fears

• Donald Trump claimed his administration's tariff policies were behind the US's stronger-than-expected 4.3% Q3 GDP growth.
• He dismissed inflation concerns, asserting "no inflation" and predicting economic conditions would "only get better."
• The Commerce Department confirmed 4.3% Q3 growth, driven by consumer spending, beating market expectations.
• Economists, however, describe a "K-shaped" economy, with tariffs contributing to rising costs for middle and lower-income consumers.
• Future growth faces headwinds from a government shutdown, slowing consumer demand, and Federal Reserve's cautious stance.

Why It Matters: Trump credits tariffs for robust US economic growth, while economists highlight uneven impacts and future risks.