From USA TODAY.

The morning after President Donald Trump marked his first 100 days back in the Oval Office with a triumphant rally in Michigan, his celebratory rhetoric hit the hard wall of economic reality.

For the first time in three years, the U.S. economy contracted. While the statistics in the first quarter of the year were complicated by the impact of the administration’s looming tariffs, it prompted the already-volatile stock markets to tumble and seemed to ratify consumers’ sinking confidence.