Below are verified facts about the Trump administration. All information is sourced from credible outlets and linked to original sources.
Economic Facts
The 2017 Tax Cuts and Jobs Act reduced corporate tax rates from 35% to 21% and implemented temporary tax cuts for individuals that are set to expire in 2025.
Prior to the pandemic, the U.S. economy under Trump saw low unemployment and continued growth, though economists debate how much was due to policies versus existing trends.
Environment Facts
In 2017, Trump announced withdrawal from the Paris Climate Agreement, which became official in 2020. The Biden administration rejoined the agreement in 2021.
The Trump administration reversed or weakened numerous environmental regulations, citing economic benefits, while critics pointed to potential long-term environmental impacts.
Foreign Policy Facts
Trump's 'America First' foreign policy represented a significant departure from previous administrations, emphasizing bilateral negotiations over multilateral agreements.
Trump's presidency saw both diplomatic breakthroughs, such as the Abraham Accords, and increased tensions with traditional allies and international organizations.
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