mosaique.info logo
sign up
  1. home
  3. article
  5. US economy contracts in first quarter

US economy contracts in first quarter

ai generated text

The articles indicate that the US economy experienced a decline in the first quarter, with GDP decreasing at an annualized rate of 0.3% between January and March. The decline in the economy has sparked controversy, with President Trump attributing it to his predecessor, Joe Biden.

  1. US
    Donald Trump
    Republican Party
    1. Maybe the children will have two dolls instead of 30 dolls.
    2. This is Biden's Stock Market, not Trump's. I didn't take over until January 20th.
    3. And maybe the two dolls will cost a couple of bucks more than they would normally.
    4. Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers. Our Country will boom, but we have to get rid of the Biden 'Overhang.' This will take a while, has NOTHING TO DO WITH TARIFFS.
  2. US
    Karoline Leavitt
    Republican Party
    1. It's no surprise the leftovers of Biden's economic disaster have been a drag on economic growth.
    2. But the underlying numbers tell the real story of the strong momentum President Trump is delivering.
  3. US
    Chuck Schumer
    Democratic Party
    1. This decline in GDP is a blaring warning to everyone that Donald Trump and Congressional Republicans' failed MAGA experiment is killing our economy.
    2. They own the Trump tariffs and higher costs on America's middle-class families.
  4. US
    Elizabeth Warren
    Democratic Party
    1. One hundred days into his presidency, Donald Trump's red-light, green-light tariffs are shrinking our economy, with businesses stockpiling imports in anticipation of tariff doomsday.
  5. US
    US Department of Commerce
    1. The downturn in real GDP in the first quarter reflected an upturn in imports, a deceleration in consumer spending, and a downturn in government spending.
  6. CN
    Wang Yi
    Chinese Ministry of Foreign Affairs
    1. If one chooses to remain silent, compromise and cower, it will only make the bully want to push his luck more.
  7. US
    Peter Navarro
    White House
    1. So the idea that there's a recession coming should be heavily discounted.
  8. US
    Heather Boushey
    1. In just 100 days, President Trump has taken the US economy from strong, stable growth to negative GDP.
    2. This astonishing turn of fortune is directly due to the incoherence of his economic policy and his mismanagement of federal policy more generally.

US Economy

  1. US Federal Reserve maintains pause in rate cuts amid uncertainty over inflation and unemployment risks
  2. US President Trump reaffirms commitment to not terminating Federal Reserve chairman amidst ongoing economic disputes
  3. US gold price hits record high as investors respond to President Trump's economic policies

sources

  1. 1.The Guardian
  2. 2.South China Morning Post
  3. 3.France 24
  4. 4.BBC
  5. 5.CNA News
  6. 6.Le Monde
  7. 7.ABC News (Australia)
  8. 8.Reuters
  9. 9.Agence France-Presse
  10. 10.Punchbowl News

perspectives

  1. 1.US under Donald Trump
  2. 2.US Politics
  3. 3.US under Joe Biden
  4. 4.US Economy
  5. 5.Inflation
  6. 6.Central Bank

countries

  1. 1.ChinaCN
  2. 2.United StatesUS
  3. 3.UkraineUA
  4. 4.Russian FederationRU
  5. 5.FranceFR
  6. 6.CanadaCA
  7. 7.Korea, Republic ofKR
  8. 8.MexicoMX

organizations

  1. 1.White House
  2. 2.Republican Party
  3. 3.Democratic Party
  4. 4.Federal Reserve System
  5. 5.US Department of Commerce
  6. 6.YouTube
  7. 7.High Frequency Economics
  8. 8.New York Stock Exchange
  9. 9.Truth Social
  10. 10.US Bureau of Economic Analysis
  11. 11.Briefingcom
  12. 12.Taiwan Semiconductor Manufacturing Co Ltd

persons

  1. 1.Donald TrumpUS
  2. 2.Joe BidenUS
  3. 3.Elizabeth WarrenUS
  4. 4.Jerome PowellUS
  5. 5.Chuck SchumerUS
  6. 6.Carl Weinberg
  7. 7.Ng Han Guan
  8. 8.Seth Wenig
  9. 9.Bernd Debusmann Jr
  10. 10.Elon MuskUS
  11. 11.Wang YiCN
  12. 12.David Mericle

technicals

  1. 1.Dogecoin
  2. 2.Covid-19 Pandemic
  3. 3.Gross domestic product
  4. 4.Department of Government Efficiency
  5. 5.Oval Office
  6. 6.Our Ocean Conference
  7. 7.US CHIPS and Science Act