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Trump praises tariffs as US economy shrinks for first time since 2022
US President Donald Trump has shared his thoughts on the economy after GDP figures were announced this morning, which indicates the US economy shrank 0.3% in first three months of this year. Earlier, Trump held a Cabinet meeting with his leadership team, where he praised tariffs and businesses which he says are investing domestically
The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years. It was slowed by a ...
The US economy unexpectedly shrank in the first three months of 2025 as President Trump’s tariffs sent companies rushing to import goods from overseas, according to data released on Wednesday.
Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...
Japan's economy shrank for the first time in a year in the March quarter, data showed on Friday, underscoring the fragile ...
22hon MSN
WASHINGTON (AP) — U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over ...
Prices paid to US producers unexpectedly declined in April by the most in five years, largely reflecting a slump in margins, ...
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