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Trump praises tariffs as US economy shrinks for first time since 2022

US President Donald Trump has shared his first reaction to the GDP figures which were announced this morning, which indicates the US economy shrank 0.3% in first three months of this year. On Truth Social, Trump claims: "this is Biden’s Stock Market, not Trump’s".

NBC News on MSN · 17h

Trump's tariffs give rise to a turbulent economy

Voters returned Donald Trump to the White House in November believing he would be better for the economy than his opponent, Democratic Vice President Kamala Harris.

Reuters on MSN · 14h

Factbox-Companies withdraw guidance amid Trump's tariffs

The sweeping tariffs imposed by U.S. President Donald Trump since April 2 and the subsequent pauses on some of them have generated uncertainty for companies worldwide, causing some to withdraw or refrain from giving financial guidance.

7hon MSN

‘That’s the lesson of tariffs. They don’t work.’ Policy analyst says Trump White House headed for a reckoning

David Bier, of the libertarian Cato Institute, says Trump tariffs “harm the people they’re trying to help.” ...

1don MSN

Trump repeatedly walked back tariffs in first 100 days as White House announces latest duty tax relief

During his first 100 days back in the Oval Office, President Donald Trump's administration has repeatedly reversed tariff ...

4hon MSN

White House touts corporate promises to invest big bucks in the U.S.

President Trump's economic policies are spurring companies to make hefty investments in the U.S., White House says.

1hon MSN

A bipartisan measure to undo Trump's global tariffs fails in the Senate

The resolution to rein in Trump's tariff authority stalled on a 49-49 tie, with two senators missing the vote.

1don MSN

Trump White House Blasts Amazon's Reported Plans to List Cost of Tariffs on Products a ‘Hostile and Political Act'

Amazon is reportedly planning to display the cost of President Trump’s tariffs on products the ecommerce giant sells — ...

3hon MSN

Senate resolution to scrap Trump’s ‘Liberation Day’ tariffs fails despite some GOP support

A Senate vote to scrap President Trump’s wide-ranging “Liberation Day” tariffs narrowly failed on Wednesday, sparing ...

6h

'A good guy': Trump makes peace with Bezos after Amazon tariff fight

President Donald Trump's budding friendship with Amazon founder Jeff Bezos hit a snag as the retailer considers how to ...

1don MSN

White House threatens to veto Senate resolution terminating 'Liberation Day' Trump tariffs

The White House warned lawmakers that President Donald Trump would veto a Senate resolution aimed at ending his "Liberation ...

6hon MSN

Architect of Trump’s tariff policy doesn’t see ‘immediate change’ to China tariffs

Tariffs on China will remain at their current levels, according to Stephen Miran, a key architect of President Donald Trump’s ...

Independent Journal Review1d

EXCLUSIVE: White House Says Trump Would Veto Effort To Eliminate ‘Liberation Day’ Tariffs

The Trump administration issued a formal veto threat Monday morning regarding a bipartisan resolution that would terminate ...

3hon MSN

White House’s impatience for trade deals grows as economic anxiety builds

On President Donald Trump’s 101st day in office, he warned that children may have to shrink their toy chests as tariffs raise ...

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