President Donald Trump was unfazed by a decline in the economy, blaming it initially on former President Joe Biden and then stating American kids can make do with "two dolls instead of 30 dolls."

President Donald Trump is acknowledging that his tariffs could result in fewer and costlier products in the United States

U.S. President Donald Trump said on Wednesday that Americans should be patient in the face of a first quarter economic contraction, arguing that his tariffs would eventually lead to a boom in the U.S.

When the stock market was climbing in January 2024, Donald Trump knew exactly who deserved credit: He did. Nearly a year before his return to the White House, he declared on his Truth Social platform that investors were celebrating his lead in the polls against President Joe Biden.

Gross domestic product fell 0.3% in the first quarter of 2025, the weakest economic performance the U.S. has recorded since the first quarter of 2022.

Amid the daily tumult of President Donald Trump’s second term, the political struggles over his economic agenda and his challenges to the basic rules of democracy may seem independent and unconnected.

Just 100 days into President Donald Trump's second presidency, he has implemented sweeping efforts to remake the U.S. economy.

Trump’s second term begins with a decline in US GDP, while jobs and prices hold steady. On almost all fronts, the outlook is getting worse.