Trump blames biden because marketkeepers weaken on GDP and tariff too many

American stocks are closed with mixed wednesday, abolishing Burnt April, which is marked by economic contraction and unification of trade policy.

The S & P 500 rose 0.15%, COMPOSITE NASDADAGE lost .086%, and the DOW JONES industrial average received 141 points after new data has shown that the US economy has been reduced by 2022. Years.

According to the Trade Department, the GDP of the first quarter fell At 0.3% annual rate, reversing 2.4% of profit from the previous quarter.

The contraction is partially credited a 41% increase in imports Since companies are specified in front of the new tariffs of President Trump.

Consumer consumption also slowed down its weakest tempo for more than a year, and government expenditures declined, additional withdrawal of growth.

Tariff insecurity

Markets had They raced before In the month after Trump fell some tariffs and hinted trading offers with countries like India. But renewed volatility was returned as investors who have digested weak economic data, inflation problems and lack of clarity on trade negotiations.

April losses follow a sharp drop after Trump, announce the “reciprocal” tariff, which S & P 500 reached more than 11% at one time.

O True socially, Trump we sought guilty of economic slider, “This is Bidein Stock Exchange, not Trump,” and claims “Biden overhang” behind bad numbers. He called patience, saying his policy would need time to deliver results.

The stock market under Trump’s second term announced one of the weakest performances for the first 100 days of the president in modern history.

Analysts indicate the continuous uncertainty of politics as the primary cause. “This very clearly led uncertainty around the tariff, period”, ” said Kelly Bousillon Sound See Wealth Advisors.

Meanwhile, the main companies like the first sun and GE health care projects due to tariff windows. Nvidia actions also slipped, after disappointing results from super micro computers.