Biden says Trump economic plan will be ‘disaster’ — World — The Guardian Nigeria News – Nigeria and World News

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Outgoing US President Joe Biden on Tuesday branded his successor Donald Trump’s economic plans a “disaster” in a speech hailing his own legacy in office.

Biden said Trump’s threats to impose huge tariffs on imports were a “major mistake” and urged the Republican to abandon proposed tax cuts.

The lame-duck president’s speech comes after Trump won a second term largely on the back of US voters’ anger at the high cost of living under the Democrats.

“I pray to God the president-elect throws away Project 2025. I think it’d be an economic disaster for us and the region,” Biden said in his speech at the Brookings Institution in Washington, referring to a conservative blueprint for a second Trump administration.

Coughing frequently because of a cold, Biden said US consumers would pay the price for the tariffs that Trump has vowed to slap on US neighbors Mexico and Canada and on Asia-Pacific rival China.

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Source: Guardian Newspaper