How the Trump Economy Is Assessed in 2025: Expert Opinion and Data Analysis

As of 2025, Donald Trump's economic policies are back on the global agenda. Trump, who has once again emerged as a powerful figure in the US presidential race, is being closely watched by investors and analysts. So, how is the Trump economy evaluated today? What impact has it left on the economy in 2025, from tax cuts and trade wars to inflation and the labor market?

In this article, we examine how the Trump economy will be viewed in 2025, using economist commentary, statistical data, and market analysis.

Trump's Economic Legacy: What Happened Between 2017 and 2021?

When Trump took office in 2017, he categorized his economic policies under three main headings:

Tax Reforms: Corporate taxes were lowered from 35% to 21%.

Trade Wars: Additional tariffs were imposed on many countries, especially China.

America First Policy: Domestic production incentives and restrictions on foreign investment were supported.

While these steps led to increases in stock market indices and decreases in unemployment in the short term, they created inflationary pressures, supply chain problems, and global trade tensions in the long term.

What Does the Economic Data Say in 2025?
GDP Figures:
The US economy grew by 2.1% in the last quarter of 2024. While this rate indicates that the post-pandemic recovery is stabilizing, it also indicates that the aggressive stimulus measures of the Trump era are now slowing down.

Unemployment Rate:
As of 2025, the unemployment rate stood at 3.9%. It had fallen to 3.5% during the Trump administration. However, the post-pandemic recovery process shows that this rate has settled back to normal levels.

Inflation:
Annual inflation in the US is around 3.4%. The demand surge resulting from Trump's low interest rate and aggressive tax policies is still having an impact on inflation.

Foreign Trade Balance:

The Trump-era trade war with China altered import and export flows. The US trade deficit remains high in 2025.

Expert Opinions: What Are They Saying About the Trump Economy?
Paul Krugman – Nobel Prize-Winning Economist:
“The Trump economy boosted employment in the short term but eroded global confidence in the long term. The demand boom underlying inflation is a consequence of his policies.”

JP Morgan Analysis:
“Trump’s tax cuts temporarily boosted corporate profits but widened income inequality. By 2025, the capitalist class became richer and the middle class more vulnerable.”

IMF Assessment:
“Trump’s policies spurred US-centric growth but caused disruptions in global trade chains. This impact is still being felt.”

Trump's Economy: Pros and Cons
Strengths Weaknesses
Temporary recovery in the labor market
Inflationary pressures
Rising stock market performance
Foreign trade tensions
Growth of companies through tax cuts
Increased income inequality
Production-focused policies
Decline in global investor confidence
Expectations for 2025 and Beyond
With Trump returning to the spotlight, investors are asking, "What will the economy of a second Trump term look like?" Experts predict that if past policies are repeated:

The US dollar could appreciate,

Global inflation could rise again,

Tensions with China could increase.

Conclusion: How Does the Trump Economy Look Like Today?
As of 2025, the Trump economy is viewed as offering short-term buoyancy and long-term fragility. For business and market players, the prevailing view is that Trump's economic model has provided temporary growth but not sustainable development.