The US economy experienced a contraction of 0.5% between January and March, a decline that is worse than previous estimates had suggested. New data reveals that the economic slowdown is attributed to sluggish consumer spending, exacerbated by the uncertainty surrounding Trump’s tariffs. The latest figures indicate that the GDP drop is sharper than anticipated, raising concerns about the health of the economy amidst ongoing trade tensions and inflationary pressures. Analysts highlight that businesses rushed to secure imports ahead of tariffs, which may have further disrupted economic momentum.