Trump trade wars could turn GDP negative in the first quarter. Here’s why.

President Donald Trump’s aggressive moves to remake the U.S. economy during the first three months of his second term are having a huge impact — and it will probably prove to be a very negative one when the report card for the first quarter is handed out.

Apr 29, 2025 - 18:29
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Trump trade wars could turn GDP negative in the first quarter. Here’s why.
President Donald Trump’s aggressive moves to remake the U.S. economy during the first three months of his second term are having a huge impact — and it will probably prove to be a very negative one when the report card for the first quarter is handed out.