New data from the U.S. Department of Commerce shows the U.S. economy slowed with a 0.3% annualized GDP drop in the first quarter of 2025 – marking the first contraction since 2022.
Wang Yaojing, an economics expert from Peking University, warns that U.S. tariffs have ignited a recession and could bring prolonged economic pain. 😮 His comments highlight how trade policies can create unexpected ripple effects on markets worldwide.
This slowdown is a wake-up call for business professionals, students, and curious readers alike. In today’s fast-paced world, even subtle shifts in policy can have dramatic global impacts. Stay alert, informed, and ready to adapt as these economic currents continue to evolve.
Reference(s):
Expert: U.S. tariffs triggers a recession and prolonged economic pain
cgtn.com
