🔴 BREAKING: U.S. GDP SHRINKS IN Q1 — TRUMP BLAMES BIDEN, PROMISES “HISTORIC COMEBACK” 🚨📉

The U.S. economy contracted unexpectedly in Q1 2024 (-0.4% annualized), reigniting political tensions. Former President Donald Trump swiftly blamed President Biden’s “failed Bidenomics,” claiming, “We inherited high inflation, weak growth, and anti-business policies.”

Trump’s response:

• Pledges new tariffs “coming soon”

• Says companies are “rushing back to America”

• Promises a “HISTORIC” economic recovery, while warning it “won’t happen overnight”

Meanwhile, analysts point to slower consumer spending and weak exports as drivers of the downturn, even as unemployment stays low. Trump brushed off inflation concerns tied to tariffs, declaring: “The problem isn’t our solutions—it’s Biden’s numbers.”

Biden’s team fired back, accusing Trump of “rewriting history” and defending the strong 2023 recovery. The back-and-forth comes as markets react and the Fed weighs potential rate cuts.

Key Takeaways:

• ⚠️ Q1 GDP surprise fuels political and market uncertainty

• 🏭 Trump pushes tariffs + U.S. investment narrative

• ⚖️ Biden defends record, voters remain divided

• 📉 Experts debate: blip or deeper warning?

#GDP

#TrumpVsBiden

#Election2024

#MarketUpdate