US economy shrinks in first quarter of Trump 2.0 amid sweeping tariffs

Drop comes amid a huge fall in consumer sentiment, which in April dropped 32% to lowest level since 1990 recession

The US economy shrank in the first three months of the year, according to official data, triggering fears of an American recession and a global economic slowdown.

Donald Trump, who returned to the White House promising to “make America great again”, sought to blame Joe Biden for the figure.

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