US Economy has shrunk by 0.3% after business reworing
This is a worse result for growth than economists, as retailers have stunned before the announcement of duties and to the detriment of GDP growth. |
Our country will flourish, but we need to get rid of Biden. It will take time, but it has nothing to do with duties. He left us bad numbers, but when the boom starts, we won’t be equal. Be patient.
Donald TrumpPresident of the United States
Trump wrote on social networks. He denied the contraction of the economy as a result of duties.
Trump’s first 100 days: The President trying to overturn the world order
Influenced economists have warned of the risk of entering the US economy into a recession and that the chances are already close to 50%.
Where is the US economy going: the chances of recession increase to 50%
The assumptions are that recession forecasts are already being renewed, with the prospect of households and businesses being even more tangible.
America contributes by $ 1 every $ 6 in global consumption. If Americans do not buy, it will be more difficult for other countries to sell.
Consumer confidence in the US is close to a 5-year decline and the business climate is getting worse, Reuters reports. Air carriers withdrew their financial forecasts for 2025, pointing as a reason for uncertainty in revenue from unimportant travel to consumers because of duties. |
Economists have warned that duties will increase costs for companies and households.
Ice Corporations in the US have reduced growth prognosis in the middle of chaos with duties
Inflation in the United States has increased in the last quarter and will continue to grow during the year. Economists expect the Federal Reserve to reduce interest by the end of the year.