RawDiary

us economy tumbles – first shrink in 3 years

The U.S. economy recorded a 0.3% contraction in the first quarter – the first decline in three years – as rising tariffs and a surge in imports weigh on growth. Economic indicators signal a worrying slowdown amid Trump’s aggressive policy shifts.

24 Hours U.S. economic activity took a sharp turn with a 0.3% GDP drop, marking the first contraction in three years + Trump’s administration clashed with the media, blasting a slew of 'media hoaxes' and dismissing critics with blunt language + Capitol leaders grapple with a mega bill amid rising border policy debates + Immigration enforcement is tightening as Trump and Noem target sanctuary cities and controversial deportation cases + Trade tensions with China are unsettling markets, with auto giants adjusting guidance + Geopolitical flashpoints in Iran, Kashmir and Gaza add strain to global stability + European and Canadian political realignments deepen as judicial and cyber security issues intensify

Number 0.3% - Q1 GDP contraction marks first slowdown in 3 years

Quote "Stupid question" — President Trump