US economy slows dramatically in first quarter amid Trump’s sweeping tariffs

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US economy slows dramatically in first quarter amid Trump’s sweeping tariffs

Lauren Aratani 30/04/2025 18:21

Drop comes amid a huge fall in consumer sentiment which in April dropped 32% to lowest level since 1990 recessionGrowth slowed dramatically in the US over the last quarter as Donald Trump sought to roll out an aggressive trade strategy, claiming that sweeping tariffs on the world would strengthen the American economy.Gross domestic product (GDP…

The Guardian
Drop comes amid a huge fall in consumer sentiment which in April dropped 32% to lowest level since 1990 recessionGrowth slowed dramatically in the US over the last quarter as Donald Trump sought to roll out an aggressive trade strategy, claiming that sweeping tariffs on the world would strengthen the American economy.Gross domestic product (GDP…
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