Trump Declares “Golden Age of America” in Speech at American Business Forum
- Trump called this era the “golden age of America”
- He vowed to make the U.S. a leader in both AI and crypto
Donald Trump delivered a confident and wide-ranging speech at the American Business Forum on Wednesday, declaring that the United States has entered a “golden age of America.” Addressing an audience of business leaders, investors, and policymakers, the president praised the nation’s economic strength, record market highs, and technological progress, while pledging to cement U.S. dominance in artificial intelligence and cryptocurrency.
The address came as the federal government shutdown reached its 35th consecutive dayt – he longest in U.S. history – adding tension to an otherwise upbeat message about growth and innovation.
Economic Growth and Market Highs
Trump opened by celebrating the strong GDP expansion in the second quarter, attributing much of it to his administration’s tariff policy, which he said had boosted domestic production and trade leverage. He also hailed Wall Street’s performance, noting that major indices had recently hit all-time highs, signaling investor faith in the administration’s direction.
Analysts, however, have cautioned that reversing those tariffs could potentially trigger over $100 billion in refunds, a move that could ripple through key sectors of the economy. Trump did not directly address that estimate, instead reaffirming his stance that tariffs were “one of the smartest moves ever made for American workers.”
Jobs, Wages, and Inflation
The president contrasted his record with that of the previous administration, saying, “We had the worst inflation in modern history under Biden.” He argued that wages have risen since he took office, while employment levels have reached historic highs. “We have more people working than ever before,” Trump said, promising that “hundreds of thousands of new jobs” would open in the coming months.
He also credited his tax policies and regulatory reforms for encouraging companies to expand and hire more workers.
AI and Crypto Leadership
Turning to technology, Trump declared that the U.S. was “leading China and everyone in AI by a lot,” and emphasized that this leadership would define the next industrial revolution. He also revisited his stance on digital assets, saying that “Biden’s administration tried to crush crypto, but we stopped the war on crypto.” Trump promised to make the United States both the “AI capital” and “crypto capital of the world,” underscoring his goal of fostering innovation within regulated and transparent frameworks.
Trade Deals and Global Cooperation
Trump announced that his administration had finalized new trade agreements with China and Japan last week, describing them as “great deals” that would strengthen America’s global position and benefit workers and farmers alike. He portrayed the agreements as evidence that the U.S. was regaining leverage in global trade negotiations.
Concluding his speech, Trump expressed optimism about the nation’s trajectory despite ongoing political and fiscal challenges. “This is the golden age of America,” he declared to a standing ovation. “We are stronger, wealthier, and more innovative than ever before.”
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
