State of the Union live: Trump set to refocus attention on economy after turbulent start to year

Financial Times
February 25, 2026
AI-Generated Deep Dive Summary
President Trump delivered his State of the Union address at a critical juncture in his presidency, aiming to shift focus back to the economy after a challenging start to the year marked by declining approval ratings and heightened tensions with Iran. The speech came as an opportunity to highlight economic achievements, such as low unemployment rates and stock market growth, while downplaying political divisions and external threats. Trump emphasized a message of unity and prosperity, positioning the economy as a key pillar of his re-election strategy. The timing of the address was particularly significant, as Trump faces mounting pressure from both domestic and international fronts. His administration's strained relationship with Iran has raised concerns about potential escalation, casting a shadow over global markets. Despite these challenges, Trump sought to frame the economy as resilient and thriving, pointing to recent GDP growth and corporate tax cuts as evidence of his administration's success. This narrative aims to counteract negative perceptions and reaffirm his leadership credentials. For business readers, this refocus on the economy holds considerable weight. The president's emphasis on economic stability and growth aligns with investor priorities, particularly in sectors like manufacturing and energy. However, the dual risks of trade disputes and geopolitical instability remain significant factors that could impact market dynamics. By prioritizing economic messaging, Trump is attempting to bolster confidence among businesses and consumers, while also signaling a potential pivot away from foreign entanglements. The speech also reflects a strategic shift in communication tactics, as Trump seeks to leverage his administration's economic record to shore up support ahead of key midterm elections and ongoing international negotiations. By framing the economy as a source of strength and resilience, he aims to deflect attention from political controversies and maintain a positive narrative around his presidency. This approach underscores the importance of economic performance in shaping public opinion and policy outcomes. In conclusion, Trump's State of the Union address serves as both a reaffirmation of his administration's economic agenda and an attempt to reset the national conversation amid growing challenges. For businesses, this focus on economic stability is crucial, as
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Originally published on Financial Times on 2/25/2026