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Home»TRADING NEWS»Trump condemns BIDEN as the market is weakened by GDP and tariff confusion.
TRADING NEWS

Trump condemns BIDEN as the market is weakened by GDP and tariff confusion.

By Crypto FlexsMay 1, 20252 Mins Read
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Trump condemns BIDEN as the market is weakened by GDP and tariff confusion.
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US stocks have been mixed on Wednesday and concluded the intense April, marked with economic contraction and trade policy uncertainty.

The S & P 500 rose 0.15%, the NASDAQ composite lost 0.15%, and the DOW JONES industrial average scored 141 points after the US economy has been reduced for the first time since 2022.

According to the Ministry of Commerce, the first quarter, GDP fell to a 0.3%annual ratio, reversing 2.4%of the previous quarter.

This contraction was partially surged with 41% increase as companies stocked prior to President Trump’s new tariffs.

Consumer spending has slowed at the weakest speed for more than a year, and growth has decreased by decreasing government spending.

Tariffs

After Trump stopped some tariffs and implied trade transactions with countries like India, the mayor gathered at the beginning of a month. However, as investors digested weak economic data, inflation issues and trade negotiations, the renewed volatility was returned.

The loss in April has fallen sharply after Trump’s “Mutual” tariff on April 2, which has reduced the S & P 500 by more than 11% at one point.

In the truth society, Trump changed his criticism of the economic slide and wrote that “this is the stock market of Viden, not Trump,” and insisted that “Viden Overhan” is behind poor numbers. He urged patience and urged his policy to take time to deliver the results.

Trump’s second term, the stock market, posted one of the weakest performances for the first 100 days in modern history.

Analysts point out continuous policy uncertainty as the main cause. Kelly Bouchillon of the Sound View Wealth Advisors said, “This is very clearly caused by the uncertainty over tariffs and duration.

Meanwhile, major companies such as First Solar and GE Healthcare cuts due to tariff -related headwinds are predicted. NVIDIA shares slide following the disappointing results of a super microphone.

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