US Economy Dwindles Amidst Widespread Tariffs: Trump Points to Biden as Culprit

An unexpected decline was observed in the United States’ economy during the first quarter of the year. The contraction was primarily due to a significant increase in imports as both businesses and consumers were preparing for the new tariffs introduced by President Trump. In light of these impending charges, they stockpiled foreign goods as a preventive measure. However, in response to this situation, Trump accused his predecessor of being responsible for the economic decline. Despite this, it has become evident that the surge in imports and resulting contraction were directly related to his own trade policy measures.

Source: https://www.france24.com/en/economy/20250430-us-economy-shrinks-trump-biden