US President Trump downplayed the US economic contraction, blaming his predecessor and citing import surges before his tariffs. Aides offered conflicting explanations, while Democrats criticized Trump's economic policies. Markets reacted negatively amid tariff concerns, with economists warning of a policy-induced downturn unless tariffs are reversed.from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/YnhsgRM
