The U.S. economy experienced its first decline in three years in the first quarter of 2025, primarily attributed to tariffs imposed by the Trump administration. The GDP decreased by 0.3 percent, following a growth of 2.4 percent in late 2024. Economists anticipated this slowdown due to uncertainty surrounding tariffs and trade policies, with overwhelming public concern about a possible recession and ongoing inflation. This economic downturn reflects challenges in consumer spending, economic transparency, and overall business confidence.
President Trump is quick to take credit for positive economic indicators, yet he shifts blame upon the emergence of negative economic trends, complicating public perception.
The U.S. GDP has seen its first decline in three years, lowering by an annual rate of 0.3 percent, a clear indicator of an economy under stress due to recent tariffs.
With 82 percent of Americans fearing a recession following the first quarter's decline, and 91 percent highlighting inflation concerns, the economic sentiment is deeply strained.
According to S&P Global Ratings, a slowdown in the economy is anticipated due to growing policy uncertainties around trade, tariffs, and immigration, suggesting a turbulent economic outlook.
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