Trump's Statement About Biden

Former US President Donald Trump stated that President Joe Biden's economic proposals will benefit China more than the United States during a rally with his supporters in Iowa, as reported by RIA Novosti.

“Biden’s plan is going to build China, and we in the Republican Party want to build America,” Trump noted.

Trump claimed that Biden’s plan would, in particular, increase the tax burden on working families. “Biden’s plan will sharply raise business taxes, making them among the highest in the world — significantly higher than in communist China,” the former president said.

Trump believes that if Biden's proposal is accepted, it would be more advantageous for businesses to operate in China than in the US.

President Biden is attempting to pass two significant pieces of legislation, one intended to develop infrastructure with a budget of $1.2 trillion, and the other, whose scale is still unclear, aimed at supporting Democratic priorities in education, healthcare, and clean energy.

These bills are crucial aspects of Biden and his administration's agenda. However, their approval in the House of Representatives is hindered by divisions within the Democrats themselves, who cannot agree on the amount of spending.