The first quarter of 2025 saw the U.S. economy contract, according to new GDP data released today by CBS News. This decline in economic performance highlights the impact of ongoing tariffs implemented by the former Trump administration. Analysts note that these tariffs have exacerbated trade tensions, contributing to the overall shrinkage in economic growth. While consumer spending showed minor resilience, it was not enough to counterbalance the reduced business investments and trade activities. Economists are now concerned about the long-term implications of these policies, as they could hinder future investments and economic expansion. The GDP report serves as a stark reminder of the interconnectedness of global trade and the potential adverse effects of protectionist measures. As new policies and strategies are considered, the focus will likely shift towards efforts to stabilize the U.S. economy in upcoming quarters.
CBS NewsNew data shows historic 55-year low in illegal crossings at U.S.-Mexico border
May 1, 2026
New data reveals that illegal crossings at the U.S.-Mexico border have fallen to a remarkable 55-year low, underscoring a significant shift in border dynamics. This