US Economy Stumbles Under Trump: Experts Predict Grim Future
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Stars (1 / 1) 17.06.2025 14:17 von Simo Symbolbild imago
The numbers are alarming: The gross domestic product of the United States has fallen by 0.3 percent in the first three months of the year. An initial estimate from the Department of Commerce in Washington confirms the decline. But why is this happening? Even more bitter for Donald Trump (78): Experts had actually expected growth. In contrast, the last quarter under his predecessor Joe Biden (82) recorded economic growth of 2.4 percent. How could the tide turn so quickly?
From Euphoria to Disillusionment: Why is the Economy Collapsing?
Following Trump's election victory, the stock markets shot up euphorically. Investors hoped that his policies would boost the economy. But now, reality is putting a damper on these hopes. Experts are already warning of further risks. Stephan Bales, an economic expert at the Reconstruction Loan Corporation, believes that the negative impacts of Trump's politics are just beginning. "The unvarnished braking effect of Trump's economic policy is likely to become much more apparent from the middle of the year," he told Reuters. Particularly critical: Trump's aggressive tariff policy appears to be only marginally reflected in the current data. But how much will it burden the economy in the coming months? Read on: