2025-05-01 10:30:09
Economy
USA

Economic Uncertainty Amidst Trump's Policies

Image courtesy of : AFP (SAUL LOEB)

The U.S. economy faced an unexpected contraction in the first quarter, with GDP declining by 0.3%. This downturn was largely due to a surge in imports ahead of President Trump's tariff implementations, which led to economic uncertainty and a slowdown in consumer spending and business investment. Analysts had anticipated growth, but the effects of erratic trade policies became evident as stock markets reacted negatively. The S&P 500 and Nasdaq Composite opened lower, echoing fears of a potential recession.

Despite a temporary boost in imports, underlying economic indicators showed resilience. However, the forecast remains grim as tariffs are expected to increase prices and deter business investments. Wall Street had predicted a 0.4% growth, but the reality painted a different picture, with some experts suggesting this might be the beginning of a recession.

President Trump dismissed these economic concerns, framing the situation as a transitional phase leading to future victories. However, the growing trade tensions and tariff repercussions have sparked criticism and calls for policy reassessment. As the U.S. navigates these economic challenges, the global perception of its financial stability remains on shaky ground.

Berliner Zeitung
30. April 2025 um 13:41

After 100 Days of Donald Trump: US Economy Unexpectedly Shrinks in the First Quarter

The US economy unexpectedly shrank by 0.3 percent in the first quarter under President Donald Trump, while experts had expected growth. This development is attributed to increased imports ahead of Trump's announced tariff hikes. Trump's erratic trade policy creates uncertainty and is viewed by experts as detrimental to growth. Economic expert Stephan Bales warns that the negative effects of Trump's economic policies could become more pronounced starting mid-year. Analysts see the US economy in..
New York Times - Business
1. Mai 2025 um 02:54

U.S. Economy Shrank in First Quarter, in Reading Clouded by Messy Trade Data

The U.S. economy shrank in the first quarter of 2019, with GDP declining 0.3% annually. However, this figure was misleading due to disruptions caused by President Trump's tariffs, which led to a temporary surge in imports. Underlying data on consumer spending and business investment suggested the economy remained fundamentally solid, but forecasters expect growth to slow in the months ahead as tariffs drive up prices and uncertainty keeps businesses cautious.
The Street
1. Mai 2025 um 14:13

U.S. recession risk leaps as GDP shrinks for the first time since 2022 TheStreet Daily Newsletter

The U.S. economy contracted by 0.3% in the first quarter of 2023, marking the first decline since early 2022, as tariffs caused a record surge in imports and slowed domestic spending. This drop is significantly lower than Wall Street's anticipated growth of 0.4%. Consumption slowed to 1.2%, while government spending decreased by 0.25%. Analysts suggest that the contraction, influenced by stockpiling before tariff implementation, may signal a looming recession, with financial markets reacting n..
Yahoo News
30. April 2025 um 23:12

What's behind the declining economic numbers?

The U.S. economy shrank during the first three months of 2025. The Commerce Department reported Wednesday that U.S. gross domestic product declined at an annual rate of 0.3% from January to March. CBS News' Kelly O'Grady and Ed O'Keefe have more.The U.S. economy shrank during the first three months of 2025. The Commerce Department reported Wednesday that U.S. gross domestic product declined at an annual rate of 0.3% from January to March. CBS News' Kelly O'Grady and Ed O'Keefe have more.
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!