US economy shrinks for first time since 2022

Business

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BUSINESS
BUSINESS © FRANCE 24
From the show
Business

US President Donald Trump has blamed his predecessor Joe Biden for a 0.3% shrink in GDP for the first three months of the year, as firms stockpiled imports ahead of tariffs. The S&P 500 fell this Wednesday as a result. Trump's first 100 days in office have seen the worst stock market performance in half a century. We take a closer look in this edition.