The U.S. economy shrank in the first three months of 2025 as President Donald Trump imposed sweeping tariffs — the first time the country’s economy has declined in three years. In the last three months of 2024, the U.S. economy increased by an annualized rate of 2.4 percent. However, in the wake of massive tariffs imposed by the Trump administration and other actions that have led to economic…
This post has been syndicated from Truthout, where it was published under this address.