President Donald Trump held a Cabinet meeting on Wednesday as his administration marked 100 days in office while touting his record on immigration and the economy.
Meanwhile, the Department of Commerce released a report showing that U.S. gross domestic product in the first quarter of 2025 declined by 0.3 percent from the last quarter of 2024.
Earlier in the day, Trump wrote in a Truth Social post that people should “be patient” and wait for his policies, including on tariffs, to play out.
China ‘Doing Very Poorly,’ Trump Says
Trump said that the Chinese economy is “doing very poorly right now” and made note of recent economic data that showed China’s factory activity declining….