Donald Trump’s tariff wars deal a blow! US economy shrinks 0.5%; worse than estimates
Thursday, 26 June 2025 () The US economy contracted by 0.5% in the first quarter of 2025, primarily due to a surge in imports spurred by President Trump's trade war. This import surge, up 37.9%, significantly dragged down GDP, marking the first quarterly decline in three years. Despite the downturn, economists anticipate a rebound in the second quarter, projecting a 3% growth.
US President Donald Trump has described Russian President Vladimir Putin as “a professional” who has effectively handled Western sanctions amid the ongoing Ukraine conflict. The remarks followed a..
In a stunning development, Russian President Vladimir Putin has announced he will speak with U.S. President Donald Trump by phone. The announcement came during a business forum on July 3, 2025, with..
Trump just issued a two-week deadline for the US fully entering Israel's war as Netanyahu begs the US to save him from his failed regime operation. But the truth is far worse. Trump appears..