Trump's first financial figures cause market dip
發佈日期: 2025-04-30 23:32
TVB News
Donald Trump says his tariffs policy is not to blame as new numbers show the U.S. economy shrank in the first quarter of 2025.
The markets opened to the weaker-than-expected report which showed an annual decline of point-three percent from January to March.
The worst figures for three years. Trump took office on January 20. The S&P 500 was down 2% in morning trading.
The Dow Jones Industrial Average was down 1.7 percent following the latest financial report.
Some analysts say U.S GDP was hit with importers stockpiling goods before prices rise.
