The US president has been called out over conflicting stock market claims as the economy shrunk for the first time in three years.
Since Donald Trump returned to the White House, he's vowed to 'make America rich again'.
And with Elon Musk in tow, the government has been slashing federal budgets left, right, and center.
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Yet Trump has managed to reign havoc on the stock market, causing $2 trillion to be lost in just 25 seconds earlier this month.
On Wednesday (April 30), the Commerce Department revealed the US economy shrunk by 0.3 percent between January and March, ending a three-year growth streak.
It pushes the country to the brink of a technical recession, defined by two quarters of negative growth. The last recession was a two-month period during 2020's Coronavirus pandemic.
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But Trump's ruthless tariff war has been worrying economists - while the President claims these very tariffs will see soon the US markets 'boom.'
China, one of the hardest-hit nations, faced a dramatic escalation as tariffs soared to 245 percent before Trump temporarily paused duty for all countries for 90 days.
In response, China, home of the world’s largest manufacturing sector, has retaliated in kind.
Meanwhile, Canada, is navigating a 25 percent tariff on all exports to the US, leaving newly appointed Prime Minister Mark Carney with the urgent task of redefining trade relations.
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As expected, Trump took to social media to address the struggling economy, shifting the blame to Biden.
Posting to Truth Social on Wednesday (April 30), he wrote: "This is Biden’s Stock Market, not Trump’s."
He continued in part: "I didn’t take over until January 20th. Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers.
"Our Country will boom, but we have to get rid of the Biden 'Overhang'."
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Trump added the economic situation had 'NOTHING TO DO WITH TARIFFS,' only that Biden 'left us with bad numbers.'
Yet, just 15 months prior, Trump claimed responsibility for the country's thriving economy - while Biden was in power.
On January 29, 2024, Trump declared, in part: "THIS IS THE TRUMP STOCK MARKET BECAUSE MY POLLS AGAINST BIDEN ARE SO GOOD THAT INVESTORS ARE PROJECTING THAT I WILL WIN, AND THAT WILL DRIVE THE MARKET UP... MAKE AMERICA GREAT AGAIN!!!"
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Of course, people have caught wind of this, with many taking to X, formerly Twitter, to highlight the irony.
"Just incredible," one person wrote, comparing the posts - and their dates - side by side.
"So according to Trump the stock market when Biden was president was Trump’s stock market, but the stock market while Trump is president is Biden’s? "Makes sense," a second quipped.
A third joked: "TRUMP: 'Stock market up, Trump. Stock market down, Biden. Sky blue, Trump, sky grey, Biden.'"
Topics: Donald Trump, Joe Biden, Tariffs, Politics
Ellie Kemp