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      "body": "Just now, the Commerce Department reported GDP growth of 4.1 % in the second quarter.\nThis is also the highest quarterly GDP growth in the United States since 2014, the last time it was 4.9 % in the third quarter of 2014.\nBut while Mr Trump is unusually excited about the numbers, most US economists do not think the gains will continue.![](https://cdn.steemitimages.com/DQmc6roLGaUPWMxnGwqfRyuBV8xvDhyZWpXSnNnYxvZJELe/image.png)\nAccording to the New York Times, GDP growth in the United States in the second quarter was 4.1 %, but this figure does not surprise most American economists.![](https://cdn.steemitimages.com/DQmbEXnFVhkdUw92UgrJVMw9VuocEX6Pgr5EK2wGs9WnZgM/image.png)\nThe New York Times believes that this 4.1 % GDP increase partly reflects the good economy of the United States, but it is not entirely due to this factor, but it is the result of a combination of various factors.\nFor example, the paper believes that the time taken by US companies to export their products abroad, as a result of Mr Trump's trade war with many countries, is a major factor in boosting GDP growth.![](https://cdn.steemitimages.com/DQmQRkLL6UAB8zzSxg6ZNWKGPmDK3AioBgZdQtmCqPsQiar/image.png)\nExports grew 9.3 per cent in the second quarter, according to official figures, with soybean exports alone up 50 per cent in May from a year earlier, though the buyers did not increase demand but wanted to buy earlier because of the trade war.\nAs a result, the New York Times believes demand for US soybeans will decline in the third and fourth quarters, which will also slow GDP growth.\nThe New York Times went on to say that the increase in US GDP growth was also driven by an increase in US public spending, which increased by 3.5 per cent in the second quarter. The newspaper believes that the increase in public spending will bring a relatively long-term boost to US GDP growth than the increase in exports, but this impetus is only temporary.![](https://cdn.steemitimages.com/DQmPUc3Hss1PLjYdXVTQzT6r3oLgVLnvSUEYoihkVpmrfex/image.png)\nAlso, Mr Trump's tax reform may have worked, but it is hard to quantify how. Noteworthy signs are a 4 per cent increase in consumer spending and a strong 7.3 per cent increase in business investment, although down a bit from the first quarter. Economists believe that these signals are due to tax reform policies, because consumers are richer after the tax reform, so they are more willing to spend money.\nFinally, the New York Times also believes that 4.1 % of GDP growth in the second quarter can not be sustained, on the grounds that the factors that led to the second quarter's GDP growth will be extremely difficult to repeat in the next two extreme. Most economists expect growth to slow in the second half of the year.\nCNBC pointed out that if the United States continues to launch a trade war against China and the rest of the world, it will also have an impact on its GDP growth.\nBut for Mr Trump, the 4.1 per cent figure would have been a good time, and Mr Trump also claims the US GDP figures will be strong for the next quarter and even this year.![](https://cdn.steemitimages.com/DQmeytZ9yMjwVZ5orevJUSzV1tMpmgUeHbjf5i7xLMaRATm/image.png)",
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