US economy performing better than Europe, Trump says

US economy performing better than Europe, Trump says

US President Donald Trump addressed the nation’s economic response to the coronavirus outbreak in a briefing Wednesday, making the case that the country’s economy is performing “significantly better than Europe.”

OUR ECONOMY IS PERFORMING BETTER THAN ANY MARKET ANYWHERE IN THE WORLD

Referring to various graphs and charts that explained the country’s economic results, Trump discussed the stock market recovery, the revival of the construction sector, automobile demand, the “blooming” of the manufacturing sector and increasing employment. He then went on to compare US coronavirus figures with those of Europe.

“While our economy is performing significantly better than Europe, which people have to understand very strongly, it’s performing better than any market anywhere in the world, actually. At the same time, Europe is experiencing 40% higher excess mortality than the United States,” he said during his opening remarks. “And I will say that that is a significant number.”


Trump held the press conference following presumptive Democratic nominee Joe Biden and his vice presidential pick Senator Kamala Harris’s first appearance together as running mates in Delaware.

Biden and Harris repeatedly slammed Trump’s handling of the coronavirus pandemic and his inconsistent measures on social distancing and wearing masks and criticized the economic downturn it has caused.

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