Faced with sluggish public opinion and the severe midterm election challenges at the end of next year, US President Trump delivered a rare national speech during the year-end holiday, vigorously defending his performance in governing the economy since taking office; He attributed the current high prices to the "mess" left by former President Biden, promised to introduce policies to significantly reduce "electricity bills and all other prices", and promote a significant improvement in the US economy next year.

On Wednesday (December 17), Trump delivered a speech to the American people at the White House, beginning by pointing the most pressing issue of the burden of life to the former Biden administration, saying, "11 months ago, I took over a mess, and I am working on solving it

He admitted that prices are still high, but emphasized that he is "quickly bringing down" these high prices.

Multiple polls show that Trump's support is declining. Reuters and Ipsos released a survey on Tuesday (16th) showing that Americans are only 33% satisfied with Trump's management of the economy; PBS News and National Public Radio released a survey on Wednesday, stating that 52% of Americans believe the economic situation has worsened under Trump's administration.

In November, the Democratic Party defeated the Republican Party in the New York City mayoral, Virginia governor, and New Jersey governor elections over the issue of financial burden. However, Trump claimed that the issue was a "scam" created by the Democratic Party, which has raised concerns among Republicans about the midterm elections at the end of next year.

However, in the 18 minute speech on Wednesday, Trump did not propose specific new policies to address the economic issues that the public is concerned about. Instead, he continued to blame previous administrations for trade agreements with other partners and the influx of immigrants, while promoting his achievements over the past year.

Trump claimed that he has taken on a series of issues since taking office, including cracking down on illegal immigration and lowering prices of some goods. The tariff policy has also attracted $18 trillion (approximately SGD 23 trillion) in investment to open factories in the United States, which will create a large number of job opportunities.

Trump said, "A year ago, our country was lifeless, but now we are the hottest country in the world. Every leader I have talked to in the past five months has told me so

The most explicit measure he proposed in his speech was to allocate money from tariff revenue to distribute a "soldier dividend" of $1776 per person to 1.45 million US military service members, with checks to be received before Christmas.

Trump also supports the Republican proposal to distribute cash directly to the public to offset healthcare insurance costs, although this proposal has yet to gain the necessary support in Congress.

Trump: Will appoint a new Federal Reserve chairman who believes in low interest rates

Trump also revealed that he will soon nominate someone who believes in significantly lowering interest rates and further reducing mortgage prices as the next chairman of the Federal Reserve. He also said that he will announce the "most radical housing reform plan in American history" early next year to alleviate the housing pressure on Americans.

Surprisingly, Trump's speech rarely touched upon the diplomatic issues that occupied most of his time, only briefly mentioning his efforts to facilitate the Gaza peace agreement, the US military's attack on Iran's nuclear facilities, and the crackdown on drug trafficking groups. There was no mention of the Russia Ukraine war or the current military tensions with Venezuela.

The Democratic Party mocks Trump for decoupling from reality

Schumer, the leader of the Democratic senator, issued a statement saying that Trump's speech showed that "he is living in his own foam, completely disconnected from the reality that Americans see and feel every day".

Virginia Democratic Senator Warner called it a "sad attempt" by Trump to shift focus.

Faced with sluggish public opinion and the severe midterm election challenges at the end of next year, US President Trump delivered a rare national speech during the year-end holiday, vigorously defending his performance in governing the economy since taking office; He attributed the current high prices to the "mess" left by former President Biden, promised to introduce policies to significantly reduce "electricity bills and all other prices", and promote a significant improvement in the US economy next year.

On Wednesday (December 17), Trump delivered a speech to the American people at the White House, beginning by pointing the most pressing issue of the burden of life to the former Biden administration, saying, "11 months ago, I took over a mess, and I am working on solving it

He admitted that prices are still high, but emphasized that he is "quickly bringing down" these high prices.

Multiple polls show that Trump's support is declining. Reuters and Ipsos released a survey on Tuesday (16th) showing that Americans are only 33% satisfied with Trump's management of the economy; PBS News and National Public Radio released a survey on Wednesday, stating that 52% of Americans believe the economic situation has worsened under Trump's administration.

In November, the Democratic Party defeated the Republican Party in the New York City mayoral, Virginia governor, and New Jersey governor elections over the issue of financial burden. However, Trump claimed that the issue was a "scam" created by the Democratic Party, which has raised concerns among Republicans about the midterm elections at the end of next year.

However, in the 18 minute speech on Wednesday, Trump did not propose specific new policies to address the economic issues that the public is concerned about. Instead, he continued to blame previous administrations for trade agreements with other partners and the influx of immigrants, while promoting his achievements over the past year.

Trump claimed that he has taken on a series of issues since taking office, including cracking down on illegal immigration and lowering prices of some goods. The tariff policy has also attracted $18 trillion (approximately SGD 23 trillion) in investment to open factories in the United States, which will create a large number of job opportunities.

Trump said, "A year ago, our country was lifeless, but now we are the hottest country in the world. Every leader I have talked to in the past five months has told me so

The most explicit measure he proposed in his speech was to allocate money from tariff revenue to distribute a "soldier dividend" of $1776 per person to 1.45 million US military service members, with checks to be received before Christmas.

Trump also supports the Republican proposal to distribute cash directly to the public to offset healthcare insurance costs, although this proposal has yet to gain the necessary support in Congress.

Trump: Will appoint a new Federal Reserve chairman who believes in low interest rates

Trump also revealed that he will soon nominate someone who believes in significantly lowering interest rates and further reducing mortgage prices as the next chairman of the Federal Reserve. He also said that he will announce the "most radical housing reform plan in American history" early next year to alleviate the housing pressure on Americans.

Surprisingly, Trump's speech rarely touched upon the diplomatic issues that occupied most of his time, only briefly mentioning his efforts to facilitate the Gaza peace agreement, the US military's attack on Iran's nuclear facilities, and the crackdown on drug trafficking groups. There was no mention of the Russia Ukraine war or the current military tensions with Venezuela.

The Democratic Party mocks Trump for decoupling from reality

Schumer, the leader of the Democratic senator, issued a statement saying that Trump's speech showed that "he is living in his own foam, completely disconnected from the reality that Americans see and feel every day".

Virginia Democratic Senator Warner called it a "sad attempt" by Trump to shift focus.