Trump Declares 'Economic Miracle' at Davos 2026, Citing US Growth and Crushed Inflation

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CNBC TV18•21-01-2026, 21:10
Trump Declares 'Economic Miracle' at Davos 2026, Citing US Growth and Crushed Inflation
- •Donald Trump, at the World Economic Forum in Davos, declared an "economic miracle" in the US, attributing it to his policies.
- •He claimed his administration had crushed inflation, turbocharged growth, and revived American manufacturing within a year.
- •Trump stated the US economy was booming with rising incomes, surging investment, and inflation "defeated," contrasting it with "stagflation" under the previous administration.
- •He highlighted lifting 1.4 million Americans off food stamps, securing $18 trillion in investment commitments, and projected US growth at double the IMF's prediction.
- •Trump defended his energy policy shift, tax cuts, higher tariffs, and criticized Europe's direction regarding government spending and mass migration.
Why It Matters: Trump hailed an "economic miracle" in the US at Davos 2026, crediting his policies for growth and low inflation.
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