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Trump praises tariffs as US economy shrinks for first time since 2022
US President Donald Trump has shared his first reaction to the GDP figures which were announced this morning, which indicates the US economy shrank 0.3% in first three months of this year. On Truth Social, Trump claims: "this is Biden’s Stock Market, not Trump’s".
Trump’s trade war hits home: Economy shrinks for first time since 2022
An early tally of the impact of President Trump’s tariffs is in — and it’s, well, not encouraging. The US economy shrank in the first quarter, the first decline in three years, the Commerce Department said on Wednesday.
April was one of the wildest months in recent memory for markets, capped off by a key data release that showed the economy ...
The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as ...
In a week when President Donald Trump wanted headlines about wins, he got one about economic losses—while the rival he set ...
An evenly split U.S. Senate rejected the latest bipartisan bid to block PresidentDonald Trump's tariffs on Wednesday, hours ...
Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown ...
In the final Reuters/Ipsos poll of April, Trump's approval rating holds at 42% amid concerns over the economy and immigration ...
The US famously bounced back from a pandemic recession that struck like a hammer blow in 2020. Fueled by a massive government ...
Latest news and live updates as Trump holds a town hall to tout his first 100 days and Kamala Harris delivers a speech ...
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