The figures are alarming: The Gross Domestic Product (GDP) of the United States dropped by 0.3 percent in the first three months of the year. An initial estimate from the Department of Commerce in Washington confirms the decline. But why is this happening? Even more bitter for Donald Trump (78): experts actually expected growth. In contrast, the last quarter under his predecessor Joe Biden (82) recorded an economic growth of 2.4 percent. How could the tide turn so quickly?
After Trump's electoral victory, the stock markets shot up in euphoria. Investors hoped that his policies would boost the economy. But now reality is dealing a harsh blow to these hopes. Experts are already warning of further risks. Stephan Bales, economic expert at the Reconstruction Loan Corporation, believes that the negative effects of Trump's politics are just the beginning. "The unvarnished braking effect of Trump's economic policy is likely to show itself much more clearly from the middle of the year", he told Reuters. Particularly critical: Trump's aggressive tariff policy seems to be reflected in the current data only to a limited extent. But how strongly will it burden the economy in the coming months? Read on here: