US President Donald Trump calls for patience as he works on restoring the country's economy, which has shown its first contraction in three years.
Economic Situation and Trump's Response
According to the Commerce Department, the US gross domestic product (GDP) shrank at an annual rate of 0.3%, a stark contrast to the 2.4% growth posted in the previous quarter.
At a White House event, Trump blamed his predecessor, President Joe Biden, for the economic slump, stating that citizens need to wait until he begins to address the situation.
Division in Congress Over Trump's Initiatives
During the event, Trump also defended his policies, which include plans for large-scale investments in infrastructure and healthcare. However, the Senate narrowly rejected a bill that would have limited the president's ability to impose trade tariffs, highlighting divisions within the party over economic issues.
Goods Supply Issues
Import activity at the Port of Los Angeles has sharply declined in recent weeks due to the imposition of new tariffs on goods from China, raising concerns about potential shortages. Trump has expressed little concern over possible shortages, suggesting children may receive fewer toys but at slightly higher prices.
In light of economic struggles and political disputes, Trump's actions to address the situation are generating lively discussion among both his supporters and opponents.
