The US economy shrunk by 0.3% in the first quarter of Donald Trump's second term.
In the quarter before he became president it grew by 2.4%
https://www.bea.gov/news/2025/gross-domestic-product-1st-quarter-2025-advance-estimate
I'm a small day trader. Things were going good
but the market crash starting 2-April-2025
caused by Trump's tariffs is something I
didn't see coming.
It destroyed my account.
Now I have to restart from the beginning 😭
As a person who's been trying to work on businesses for years and not finding success, I'm gonna keep going.
I'm not religious but one the most interesting things I've read on this topic is titled "Invest in Many Ventures" in the book of Ecclesiastes. The 6th and final verse says:
"Sow your seed in the morning,
and at evening let your hands not be idle,
for you do not know which will succeed,
whether this or that,
or whether both will do equally well."
So if one thing doesn't work, try something else. Also be open to investing in different projects at the same time because you don't know what will succeed.
China's trade surplus has now reached 1 Trillion US Dollars for the first time. (Having a surplus means a country makes more money from exporting than importing; a deficit is the opposite, spending more money importing than money made exporting). This wasn't even a full year's trade but from January to the end of November 2025.
This comes after US President Trump imposed tariffs on products coming from China, this made it more expensive for Chinese sellers to sell goods to America. The sellers began trading more with other countries, the result has been increased surplus for China.