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U.S. economy shrinks in the first quarter as economists warn of threats from tariffs

The U.S. economy contracted in the first three months of the year. Economists warn the months to come could also be challenging if President Trump's tariffs remain in place.

Copyright 2025 NPR

Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Michel Martin
Michel Martin is the weekend host of All Things Considered and host of the Consider This Saturday podcast, where she draws on her deep reporting and interviewing experience to dig in to the week's news. Outside the studio, she has also hosted "Michel Martin: Going There," an ambitious live event series in collaboration with Member Stations.

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