RawDiary

US Economy Shrinks 0.3% in Q1... Trump Blames Biden

The US economy contracted 0.3 percent in Q1 2025 amid impacts from President Trump's trade wars, marking the first quarterly shrinkage in years. Trump blames former President Biden for the downturn despite tariff fallout.

24 Hours US economy contracts 0.3 percent in Q1 2025+Trump blames Biden for economic slowdown+US and Ukraine near rare minerals deal signing+Judge orders release of detained Columbia student+Wildfires rage across Israel, emergency declared+Trump admits kids may get two dolls instead of 30+Meta, Microsoft stocks soar after earnings beats+Senate to vote on measure to repeal Trump tariffs+Defense Secretary Hegseth cuts Women, Peace program+Elon Musk departs White House amid farewell applause+Trump administration cuts $1 billion in school mental health grants+Pakistani claims of imminent Indian attack raise tensions+Feds charge alleged white supremacist for 2019 arson+Bill Belichick blasts CBS over edited interview+Trump calls for overhaul of US air traffic control+Amazon to spend $4 billion expanding rural delivery+Federal judge limits Trump’s Guantanamo deportation push

Number 0.3% - US GDP contraction in first quarter of 2025

Quote "Maybe the children will have two dolls instead of 30" — President Donald Trump acknowledging tariff impact on toy shortages