The Headlines

New Warnings for U.S. Economy, and Columbia Student Is Freed

18 snips
May 1, 2025
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INSIGHT

Trump's Tariffs Impact Economy

  • The U.S. economy shrank in the first quarter due to President Trump's trade policies and tariffs.
  • This slowdown reflects a reversal from the previous strong growth and rattles consumer and business confidence.
INSIGHT

Senate Fails to Undo Tariffs

  • Bipartisan Senate attempt to end Trump's tariffs failed narrowly and required the Vice President's deciding vote to kill it.
  • Even if it passed, it had no chance in the House or from a presidential veto.
INSIGHT

U.S.-Ukraine Mineral Revenue Deal

  • Trump administration and Ukraine reached a deal to share revenues from Ukraine's mineral reserves after months of talks.
  • Critics worry the deal lacks a guarantee that the U.S. will continue supporting Ukraine, raising ethical concerns.
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