supply chain disruptions

U.S. Economy Dips 0.3% in Q1 2025 as Trump Tariffs Shake Business

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U.S. Economy Dips 0.3% in Q1 2025 as Trump Tariffs Shake Business

The U.S. economy contracted by 0.3% in the first quarter of 2025, marking its first decline in three years, according to the Commerce Department’s Bureau of Economic Analysis. The downturn, reported on Wednesday, was driven largely by a record surge in imports as businesses rushed to stockpile goods ahead of President Donald Trump’s aggressive tariff … Read more

Long-Term Effects of DOGE’s Foreign Aid Cuts on Global Economic Stability

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Long-Term Effects of DOGE’s Foreign Aid Cuts on Global Economic Stability

Introduction The Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy under the second Trump administration, initiated a sweeping review and reduction of U.S. foreign aid programs starting January 24, 2025. This included a 90-day freeze on all U.S. foreign assistance, the effective dismantling of the U.S. Agency for International Development (USAID), … Read more