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Signs of Recession
How bad is the economic situation in the US in April 2025?
6 min readApr 28, 2025
The US isn’t the same since Trump took office. April 2025 was especially crazy from an economic perspective:
- Tariffs: In the beginning of April 2025 Trump announced tariffs against almost all countries. He jumped back and forth with the height of the tariffs and exceptions. This made it impossible for companies
- Xenophobia: Under Trump ICE became way more aggressive. People didn’t get due process. This directly harms tourism. Who wants to visit a country that puts them into prison without good reason?
- Short-sighted egoism: Expensive goods such as the F-35 fighter jets or Boeing aircraft need long-term support. The actions of Elon Musk with Starlink and the rhetoric of the Trump administration to former allies like Canada have killed the confidence in the US. Trump keeps talking about Canada as the 51st state, about Greenland being stolen by the US from Denmark, Elon Musk and Trump talked in a patronizing was about/to Ukraine.
The US had a GDP of $29724 Billion USD in 2024. A 1% loss would mean almost $300 Billion USD less! Keep that in mind as numbers are huge in this article. A billion USD is not that much for the whole of the US economy.
