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US Economy Shrinks for First Time in 3 Years; Trump’s Shock Policies Under Fire Amid Recession Fear

Video Credit: Oneindia - Duration: 03:27s - Published
US Economy Shrinks for First Time in 3 Years; Trump’s Shock Policies Under Fire Amid Recession Fear

US Economy Shrinks for First Time in 3 Years; Trump’s Shock Policies Under Fire Amid Recession Fear

US economy has contracted for the first time in three years, raising alarms over a potential recession.

This downturn is being linked to the abrupt economic policies enacted during Trump's tenure, which critics argue have had destabilizing effects.

Trump, however, is placing blame squarely on President Biden, accusing his administration of exacerbating economic challenges.

As the nation grapples with this unexpected shrinkage, both sides of the political aisle are locked in a fierce blame game, fueling tensions as the economic outlook becomes increasingly uncertain.

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