Trump praises tariffs in Cabinet meeting as US economy shrinks for first time since 2022 | BBC News

Donald Trump is holding a Cabinet meeting with his leadership team – and has praised tariffs and businesses which he says are investing domestically.

It comes after a new report shows the US economy shrank 0.3% in first three months of the year as firms stockpiled imports ahead of Trump tariffs.

It is the first time the US economy has shrunk since 2022.

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