According to data released by the US Department of Commerce on April 30, in the first quarter of 2025, the US GDP contracted 0.3% month-on-month. This is the worst quarterly performance of the US economy since 2022. Many market participants said that they had previously predicted that the US economy would perform badly due to the tariff policy, but they didn't expect it to be so bad, once again causing a heavy blow to the confidence and reputation of the current US administration, which has just been in power for 100 days. The US government said that the poor economic data “are all the fault of the past” and called on the public to “be patient.” However, observers believe that the US government's series of high tariff policies on trading partners is the “culprit behind” economic contraction. US financial analysis account Cubesi pointed out in a briefing on the 30th that several indicators show that the US economy will fall into recession in 2025 has become a “basic expectation.” Generally speaking, US research institutes define two consecutive quarters of negative GDP growth as a recession. The last time the US economy fell into recession was in 2020, which lasted two months. Today, more and more analysts believe that the time for another recession in the US economy seems to be right around the corner.

According to data released by the US Department of Commerce on April 30, in the first quarter of 2025, the US GDP contracted 0.3% month-on-month. This is the worst quarterly performance of the US economy since 2022. Many market participants said that they had previously predicted that the US economy would perform badly due to the tariff policy, but they didn't expect it to be so bad, once again causing a heavy blow to the confidence and reputation of the current US administration, which has just been in power for 100 days. The US government said that the poor economic data “are all the fault of the past” and called on the public to “be patient.” However, observers believe that the US government's series of high tariff policies on trading partners is the “culprit behind” economic contraction. US financial analysis account Cubesi pointed out in a briefing on the 30th that several indicators show that the US economy will fall into recession in 2025 has become a “basic expectation.” Generally speaking, US research institutes define two consecutive quarters of negative GDP growth as a recession. The last time the US economy fell into recession was in 2020, which lasted two months. Today, more and more analysts believe that the time for another recession in the US economy seems to be right around the corner.