Trump quickly responded to news on Wednesday that the U.S. economy contracted for the first time in three years, which caused stock indexes to fall.“This is Biden’s stock market…we must get rid of Biden’s ‘legacy shadow’.”He posted on social media that he emphasized in full capital"Not related to tariffs", and appeal"Keep patient!!!"

This lower-than-expected GDP figure and subsequent sell-off timing could not have been worse for Trump. Trump will reach a hundred days in power today, and a series of bleak economic indicators put new pressure on his trade plan — especially after tariffs have caused a historic bleak start to stocks.

White House trade adviser Navarro tried to defend himself as "this is the best negative data I have ever seen in my life" and emphasized highlights such as surge in imports and domestic investment, calling on the market to "see the essence."

Preliminary estimates from the U.S. Bureau of Economic Analysis show that real GDP fell by 0.3% in the first quarter of 2025, not only for the first negative growth since 2022, but also covered the last 20 days of Biden's term of office and about 70 days in Trump's administration.

Trump obviously tried to focus on the first 20 days and avoid discussions on the impact of his historic tariff policy, but this statement has been refuted by many parties."The United States is sliding towards a self-imposed recession, and tariffs are to blame," said Ryan Young, senior economist at the Institute for Competitive Enterprises in Washington's free market think tank.

The GDP data is far lower than the 2.4% growth rate in the fourth quarter of 2024, and the private sector employment report released on Wednesday was also lower than expected, making Friday's overall government employment report attracting much attention.

The Democrats immediately launched an offensive, with Senator Warren accusing "Trump's capricious tariffs are destroying the economy" and joining forces with other Democratic lawmakers to push the Senate to vote, questioning the president's legal authority to implement tariffs.Although the vote may only be symbolic, the joint signing of Republican Paul has intensified Trump's pressure.

Senate Democratic leader Schumer asked Trump to fire the economic team.It said "Today's GDP data proved that Trump's governance of the United States was like running his business - heading straight for bankruptcy."

The confrontation continues Trump's usual pattern of shifting stock market responsibilities based on demand for years: he snatches his merits when the stock market rises during Biden's tenure and blames his ex when the stock market falls.