President Trump: Growth is exploding and inflation is defeated

Key Takeaways:

• President Trump states that economic growth is “exploding.”
• He proclaims inflation has been “defeated.”
• His remarks were delivered at the Detroit Economic Club.
• CNBC published the original story on January 13, 2026.
• The event underscores both business and political implications.

Address at the Detroit Economic Club

President Trump appeared before the Detroit Economic Club to share his perspective on the United States economy. In a speech broadcast on January 13, 2026, he described the immediate economic horizon as remarkably strong, pointing to unprecedented gains in multiple sectors.

Claims of ‘Exploding’ Growth

During his address, President Trump emphasized that the nation’s economic growth is “exploding.” While he did not provide specific figures, he characterized the business climate as exceptionally favorable for both large corporations and small enterprises.

Inflation Deemed ‘Defeated’

Among the most striking statements in his remarks was Trump’s declaration that inflation is “defeated.” This assertion, delivered to a room of business leaders and policymakers, suggested that a key economic concern had been effectively resolved.

Implications for Businesses and the Public

The president’s outlook, shared at the Detroit Economic Club, targets a broad audience: industry executives, entrepreneurs, and voters eager for reassurance about the country’s fiscal health. Although the address was brief, it underscored Trump’s confidence in current economic policies and their role in securing continued prosperity.

Looking Ahead

CNBC was the original source for this report, having published details of the event on January 13, 2026. By presenting an atmosphere of growth and endurance, President Trump’s remarks have ignited discussions on the future trajectory of both business and politics in the United States.