U.S. economy shrinks in first quarter; President Trump blames former President Biden; Sen. Schumer (D-NY) blames tariffs
Apr 30, 2025•55 min
Episode description
Commerce Depart says the United States economy as measured by the Gross Domestic Product (GDP) shrank in the first quarter of the year by 0.3%, first time in three years. There was a surge in imports as companies tried to stock up before the President Donald Trump's high tariffs take effect. We get reaction from President Trump at a Cabinet meeting at the White House and from Senate Minority Leader Chuck Schumer (D-NY); Senate is expected to pass a resolution to disapprove of the national emergency declaration the president is using as the legal basis for the global tariffs; U.S. Customs & Border Protection Commissioner nominee Rodney Scott testifies before the Senate Finance Committee, asked about allegations he helped cover-up the death of an immigrant in Border Patrol Custody in 2010; Supreme Court hears oral argument in a case from Oklahoma about the constitutionality of states supporting religious charter schools. We talk with Washington Post Education Reporter Laura Meckler. (40)
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