RawDiary

US Economy Shrinks 0.3% Amid Tariff Fallout... Recession Looms

The US economy contracted by 0.3% in the first quarter of 2025—its first decline in three years—signaling mounting impacts from President Trump's tariff policies and raising recession fears as businesses face rising costs and uncertainty.

24 Hours US economy shrinks 0.3 percent in Q1 2025 + Federal judge frees Columbia student detained by ICE + Trump blames Biden for economy shrinkage + Ukraine, US near deal on mineral resources + Supreme Court weighs taxpayer-funded religious school + Pakistani intel warns of imminent Indian attack + Massive wildfires rage near Jerusalem + Trump administration cuts $1B in mental health grants + NFL fines Falcons and coach over prank call + Ford CEO warns more tariff changes needed + China astronauts return after six months in space + Judge suspends Milwaukee judge aiding illegal immigrant + Ukraine ready to sign minerals deal with US + Trump invites Elon Musk to White House cabinet meeting + At least three dead in Pennsylvania severe storms + Trump blasts CBS, readies lawsuit over 60 Minutes + Haitian woman dies in US ICE custody + Texas auto tariffs stir uncertainty among manufacturers + Defense Secretary Hegseth cuts Women, Peace & Security program + Google CEO warns DOJ antitrust plan threatens search

Number 0.3% - US economy contracted in Q1 2025, first decline in three years.

Quote "He came into our country illegally" — President Donald Trump on Kilmar Abrego Garcia