Analyst: If the non-agricultural data is weak, it is expected that the Trump administration will "pass the buck" to Biden
Analyst Anstey stated that if the upcoming non-farm data is weak, it is expected that the Trump administration will blame former President Biden. U.S. Treasury Secretary Besent said last month that about 6 to 12 months later, this would only be Trump's economy. U.S. Commerce Secretary Lutnick strongly refuted on Wednesday the claim that economic indicators reflect uncertainty brought about by changes in Trump's policies. When asked about disappointing ISM manufacturing data on Monday, Lutnick said in an interview: "The data you see is Biden's data." What Biden left for Trump was a "terrible economy he tried to fix".
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