GDP of the United States fell 0.3 % for the first quarter of Trump’s mandate, scholarships plunge-Liberation

The first effects of the economic policy of the administration of Donald Trump. The United States gross domestic product (GDP) fell for the first quarter of the year 2025, according to data published this Wednesday, April 30 by the Ministry of Commerce. A period which covers the start of the second mandate of the Republican President, of which customs policy has aroused a shock wave in the world and within his country.

In annualized pace, the measure favored by the United States to calculate GDP, the economic activity of the first world economy is down 0.3 % for the first three months of the year due to a jumper. « The drop in GDP in the first quarter first reflects an increase in imports, which hugged the calculation of GDP, as well as a drop in expenses of the federal state », explains the Ministry of Commerce in a press release.

« These trends were partly offset by more investment, consumption and export expenditure », Is it added. The leap of purchases abroad results according to experts in the will of the companies to gain speed the taxation new customs duties And take advantage of the conditions prior to reshaping with the forceps of the economy initiated by Donald Trump.

American GDP had however increased by 2.4 % in the previous quarter, with full employment and Inflation in the process of being mastered. This result is significantly lower than the expectations of the majority of analysts. However, they anticipated a serious brake (+ 0.4 %) to the economy of the United States.

According to another publication this Wednesday morning, employment creations in the American private sector have slowed heavily in April, appearing below expectations. These data are published while the tenant of the famous White House The first 100 days of his second term started on January 20.

Donald Trump immediately reacted to his social social platform, saying that economic slowdown is a « Reliquat » of his predecessor Joe Biden. “Customs duties will soon have an effect and companies are starting to settle in the United States in record numbers. Our country will prosper, but we have to get rid of Biden’s balance. It will take a while and it has nothing to do with the prices, except that (Joe Biden) has left us with bad statistics, but when the boom starts, it will not look like any other. Be patient! ” he promised.

« I usually consider that the impact of presidents on economic performance is overvalued, especially during the first 100 days of the mandate »had told AFP before the publication of the Tara Sinclair GDP, professor of economics at George Washington University adding that « This time it is different, because the leap of imports stems directly from a avoidance strategy by buyers of the president’s customs rights. »

The global scholarships switched to red this Wednesday after the publication of American GDP. In the green all day, the Paris Stock Exchange suddenly plunged to lose 0.18 % around 3:20 p.m., that of Frankfurt fell 0.42 % and the Milanese place abandoned 1.36 %.

Wall Street, for its part, opened up sharply. Shortly after 4 p.m., the Dow Jones dropped 1.66 % and the NASDAQ, the technological index, lost 2.40 %.