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Trump blames Biden after US economy shrinks amid sweeping tariffs

The US financial system unexpectedly contracted in Q1 as imports surged forward of President Trump’s new tariffs. Companies and shoppers

By Spluk.phMay 1, 20251 min read


The US financial system unexpectedly contracted in Q1 as imports surged forward of President Trump’s new tariffs. Companies and shoppers stockpiled overseas items to keep away from looming levies. Trump blamed his predecessor for the downturn, regardless of the frenzy being tied to his commerce insurance policies.

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