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Trump promised an economic revival. In his first 100 days he's falling short, some economists say.

Trump promised an economic revival. In his first 100 days he's falling short, some economists say.

CBSN
Tuesday, April 29, 2025 09:12:06 AM UTC

During his campaign last year, President Trump repeatedly attacked former President Joe Biden for his handling of the economy, vowing to boost economic growth and lower inflation. But 100 days into his second term in the White House, the president is struggling to deliver on those promises. 

Mr. Trump's signature policies on trade, immigration and government spending have not only failed to spark economic growth — they're contributing to a sharp contraction in activity and threaten to re-ignite inflation, data shows. Economists also warn that the chances of a U.S. recession are rising. 

For millions of employers around the country, the Trump administration's helter-skelter approach to imposing tariffs on key trading partners, along with just about every other country on the planet, has been challenging, corporate executives and small business owners have told CBS News.

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