The US economy contracted markedly in the first quarter compared to the last quarter of 2024.
US President Donald Trump. Picture: AFP
Unsurprisingly, Donald Trump told the faithful at a rally in Michigan to mark his 100 days in office that he was the best American president yet.
Also, unsurprisingly, the data seemed to suggest otherwise. His approvals at the 100-day mark were the lowest since polling began. Even among his supporters, confidence is dropping.
The US economy contracted markedly in the first quarter compared to the last quarter of 2024. Prices have gone up. Small American firms, which rely on imports from countries like China, are consulting bankruptcy lawyers as they contemplate the negative impacts of Trump’s tariff regime.
ALSO READ: Trump tariffs created unprecedented uncertainty — trade expert
The president himself said this week that there would probably only be “two dolls under the Christmas tree” this year – instead of 30 (really?) – and that Americans would be paying “a few bucks more” for those presents.
The stock markets around the world are still in turmoil and recession is still a very real prospect, not only for the US but for the rest of us, thanks to the tariff uncertainty.
The Republican-dominated Congress in Washington is bowing and scraping to him and allowing him to ride roughshod over democracy and the law. At 100 days, one thing is sure: Trump is Making America Grate again.
READ NEXT: Trump can learn the art of winning friends
Download our app