US economy shrinks in first quarter of Trump 2.0 a... The Guardian

US economy shrinks in first quarter of Trump 2.0 amid sweeping tariffs

The Guardian April 30, 2025

<p>Drop comes amid a huge fall in consumer sentiment which in April dropped 32% to lowest level since 1990 recession</p><p>The US economy shrank in the first three months of the year, according to official data, triggering fears of an American recession and a global economic slowdown.</p><p>Donald Trump, who returned to the White House promising to “make America great again” , sought to blame Joe Biden for the figure.</p> <a href="https://www.theguardian.com/business/2025/apr/30/economy-gdp-q1-trump-tariffs">Continue reading...</a>

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