President asks for ‘patience’ as businesses react negatively to Trump’s aggressive efforts to upend global trade.
President Donald Trump attributes the decline in economic indicators during his early months in office to former President Joe Biden, despite the turmoil caused by his own tariff policies. The US economy shrank by 0.3% in the first quarter, prompting concerns over a potential trade war and market instability, while inflation eased slightly. Analysts warn that Trump’s aggressive tariffs may hinder growth, although the White House insists that underlying economic momentum is strong, urging patience as they navigate the trade landscape.
