President Joe Biden criticized UK Prime Minister Liz Truss’s original economic plan that caused turmoil in the markets, saying it was a “mistake.”  Photo: Pool via Reuters
President Joe Biden criticized UK Prime Minister Liz Truss’s original economic plan that caused turmoil in the markets, saying it was a “mistake.” Photo: Pool via Reuters
Britain

US President Joe Biden calls Liz Truss’ original UK economic plan a ‘mistake’

  • Truss’ initial plans sparked market turmoil as critics called for a reversal on the largest proposed set of unfunded UK tax cuts in half a century
  • In an attempt to appease markets, Truss fired Kwasi Kwarteng on Friday as her chancellor of the exchequer and scrapped parts of their controversial plan

President Joe Biden criticized UK Prime Minister Liz Truss’s original economic plan that caused turmoil in the markets, saying it was a “mistake.”  Photo: Pool via Reuters
President Joe Biden criticized UK Prime Minister Liz Truss’s original economic plan that caused turmoil in the markets, saying it was a “mistake.” Photo: Pool via Reuters
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