US economy shrinks but Trump blames Biden

The American economy contracted in the first quarter of 2025, raising concerns about a potential recession as warning signs mount.

Former President Donald Trump, who recently reimposed international tariffs, blamed his predecessor Joe Biden for the disappointing economic performance. However, economists point out that many U.S. companies rushed to import goods before tariffs took effect, contributing to the downturn.

“This is Biden’s stock market, not Trump’s,” Trump wrote on Truth Social, urging Americans to remain patient.

Democrats, meanwhile, slammed the Trump administration for what they described as economic mismanagement. Senator Jeff Merkley commented: “Trump has been in office for only 100 days, and already we’re seeing rising costs, chaos, and corruption. The economy is slowing, prices are rising, and middle-class families are feeling the squeeze.”

According to official data, the U.S. GDP fell by 0.3% in the first few months of 2025, compared to 2.4% growth in the final quarter of 2024.

(QG - Source: The Guardian — Picture : © Unsplash)