President Donald Trump has signed for the fear of recession for the first time in three years, so Donald Trump asked for more time.

He said the figure was misleading because the company had imported stocks before the tariffs were imposed.

However, Trump said he had pledged $800 million (£600 million) of investments, which he believes will restore U.S. manufacturing capabilities.

The U.S. Department of Commerce said the U.S. economy's annual revenue was 0.3%, down sharply after a 2.4% increase in the previous quarter. This is Trump's 100-day period in office, and polls show the public's economic management of his economy.

Trump spoke at a White House event on Wednesday afternoon, accusing his Democratic former President Joe Biden of disappointing GDP.

"It's Biden's economy because we took over on January 20," Trump said. "I think you have to give us a little time to move."

This is the consequence of the Republican president's import taxes that undermine global trade and markets.

Trump pointed at Biden to aroused the contempt of Democrats.

"This is not Joe Biden's economy, Donald, it's your economy," said Congressman Hakeem Jeffries, a member of the House of Representatives.

"This is Trump's economy, it's an economic failure, the American people know."

At a White House event on Wednesday, Trump touted the planned investment in technology, health care and infrastructure.

He introduced CEOs of major companies, including Hyundai's Jose Munoz, Toyota's Ted Ogawa and Johnson's Joaquin Duato.

Trump also urged Congress to pass his tax bill, which includes trillions of dollars in taxes and spending cuts, but faces opposition from Democrats and some Republicans.

During a television appearance with cabinet members earlier in the day, Trump was tired of concerns about shortages of items such as toys, such as a sharp decline in trade between the United States and China.

"Well, maybe the kids have to have two dolls, not 30 dolls, you know?" he said. "Maybe the cost of these two dolls is more than usual."

Trump announced a 90-day pause on higher tariffs, levied a 10% tax on nearly all countries importing to the United States. The amount paid by these countries may change after the expiration in July.

Mexico and Canada impose an additional 25% tariff. However, the levy on China has led to a full-scale trade war with the world's second largest economy.

Trump imposes an import tax of up to 145% on Chinese goods entering the United States, while China's tax on American products is 125%.

His government said that when new tariffs are added to existing tariffs, some Chinese goods could be imposed at 245%.