The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump imposed massive tariffs.

At a cabinet meeting, President Donald Trump blamed shrinking economic growth in the first quarter of the year on Joe Biden.

President Donald Trump is acknowledging that his tariffs could result in fewer and costlier products in the United States

What’s the single best way to measure the health of a country’s economy? For most experts, there is little debate that gross domestic product, a quarterly tally of all the goods and services a country produces,

In the meeting, Trump praises tariffs and businesses which he says are investing domestically It comes after a new report shows the US economy shrank 0.3% in first three months of the year as firms stockpiled imports ahead of Trump tariffs Secretary of State Marco Rubio is now speaking,