Before entering a Manhattan courtroom for the seventh day of his trial, former President Donald Trump slammed the economic situation under President Biden’s administration while promoting a campaign event in the heart of the Big Apple.
“Some very big things have happened, but the biggest one is that it was just announced that GDP is down to 1.6% and it looks like that’s heading south. It’s going to get even worse. Gasoline prices in California were also just announced at $7.60. Gasoline energy costs have gone up significantly, and the stock market has, in some ways, crashed,” President Trump said Thursday morning before heading to court.
“This is Bidenmics. We’re catching up to them,” he said.
His comments came after the Bureau of Economic Analysis estimated the economy would grow at an annual rate of 1.6%. During the first quarter, i.e. The pace of growth in the US economy is slowing More than expected.
A courtroom sketch depicts the third day of former President Donald Trump’s criminal trial Thursday, April 18, 2024, in Manhattan Criminal Court. Jury selection in the hush money scandal continues after two jurors were dismissed earlier today. (Kristin Cornell)
Live updates: Trump New York trial testimony resumes as Supreme Court hears immunity claim
“I think the big news today is 1.6%. When you look at the 1.6% GDP number, this is a number that no one could have thought of. This is a really bad number. And the predictions are going in the wrong direction. “That’s why the stock market is down so much today,” President Trump said.
Trump also touted several upcoming rallies in New York City and even hinted that he could compete in liberal states in November’s presidential election.
“I think we have a good chance to beat New York. We’re going to make big plays. We’re going to the South Bronx to have a rally. We’re going to have a rally in Madison Square Garden.” “We believe…we are going to have a big rally to honor many people, including police and firefighters and teachers,” he said.
Supreme Court to hear arguments in President Trump’s immunity lawsuit
President Trump will appear in a Manhattan courtroom for the second week this week as part of his ongoing trial on 34 counts of first-degree falsifying business records. He has pleaded not guilty to all charges.
Former President Donald Trump speaks to the media after leaving the court during his trial on charges of concealing hush money payments in Manhattan Criminal Court in New York City on April 22, 2024. (Brendan McDiarmid Pool/Getty Images)
The lawsuit alleges that President Trump’s former personal attorney, Michael Cohen, has filed a lawsuit against porn actress Stormy Daniels ahead of the 2016 election to silence her claims that she had an affair with Trump in the early 2000s. The focus is on a case in which a person allegedly paid $130,000 to President Trump has repeatedly denied any relationship with Daniels.
Prosecutors allege that the Trump Organization reimbursed Cohen and fraudulently recorded the payments as legal costs. Prosecutors are working to prove that President Trump falsified his records with intent to commit or cover up a second crime. Prosecutors this week identified the second crime as “conspiracy to promote or prevent an election.”
President Trump says, “I think I’m above the Supreme Court” after excluding New York judge Marchan from immunity debate
Thursday’s trial is scheduled to continue with testimony from David Pecker, the former CEO of American Media Inc., who oversaw media outlets including the National Enquirer. Judge Juan Melchan may also issue the following ruling: President Trump’s gag order allegations In that case, Mr. Trump could end up paying a fine of at least $1,000 for each of the 10 alleged violations.
In his comments Thursday, Trump continued to call Biden a “dislike” of the president, pointing to issues such as ongoing anti-Israel protests on college campuses and the Biden administration’s border policies.
Former U.S. President Donald Trump greets labor union members at the construction site of the new JPMorgan Chase building in New York City, April 25, 2024. (Michael M. Santiago/Getty Images)
Biden claims red states won twice by Trump are suddenly ‘into the war’
“This country is probably in the worst situation of any country right now. It can’t get any worse,” he said. “We have the worst president in the history of our country.”
Early Thursday morning, President Trump stopped by a construction site in the city and thanked construction workers for their support.
Former President Donald Trump is the first to beat his heart as he cheers on union workers at the construction site of a new JPMorgan Chase building on April 25, 2024 in New York City. (Michael M. Santiago/Getty Images)
CLICK HERE TO GET THE FOX NEWS APP
President Trump told reporters, “There’s a big case today. This judge won’t allow me to appear, but today there’s a big case before the Supreme Court regarding presidential immunity.” He mentioned that he is considering exemption. Special Counsel Jack Smith’s immunity from prosecution in election interference case.
“The president must have immunity,” he added. “Without immunity, we just have a ceremonial president.”
