RawDiary

US Economy Shrinks 0.3% Amid Trump Tariff Fallout

The U.S. economy contracted 0.3% in the first quarter of 2025, marking the first decline in three years, as President Trump's trade tariffs disrupted business, triggered import surges, and raised fears of a trade war impacting growth and inflation.

24 Hours The U.S. economy shrank 0.3% in Q1 2025, hit by Trump's tariffs and rising import costs+Supreme Court weighs landmark case on public funding for religious charter schools+Trump insists he could recall a deported illegal immigrant but declines action+Pakistan warns of imminent military strike from India amid Kashmir tensions+North Korea conducts missile tests from new destroyer amid regional military build-up+Trump celebrates 100 days in office with rally touting immigration and economic policies+Wisconsin judge suspended after aiding illegal immigrant evade ICE arrest

Number 0.3% - U.S. economy contraction rate in Q1 2025, worst in three years.

Quote "You're not being very nice" — President Donald Trump to ABC reporter Terry Moran