Donald Trump promised to bring a new "golden age" to the U.S. economy, a lower price, more jobs and more wealth. This week, his first quarter report card came in and a new era began to be a mess.

GDP shrank for the first time in three years in the first quarter, and suddenly turned negative after a steady growth force as trade distortions and weaker consumer spending activity declined.

The U.S. president spent a full 43 minutes keeping his distance from the bleak reading posted Wednesday morning.

"Our country will flourish, but we have to get rid of biden'Overhang'," Trump wrote in his social media platform Truth Social. "It will take a while, it has nothing to do with tariffs, it's just that he left us the wrong numbers, but when the boom begins, it will be like everyone else. Be patient!!!"

According to Trump, any wrong number is Joe Biden’s fault - but that attribution does not extend to the good guys.

According to a statement released by the White House, the strong work report in March shows that “the private sector roars under President Donald J. Trump.” "It's already working," the president announced.

But the less floating report of the Buoyancy Report released on Friday prompted a more modest reaction. He wrote: "Like I said, we are just in the transition phase and just started!!!

Which one is that? Is the "golden age" in the United States in progress? Or will it take some time?

Growth in the first three months of the year - Whether Trump wants to accuse him of about 19 days of his unemployed position, the challenges of the new administration’s plan to reform the global economy are extremely challenging. U.S. goods imports surged 41% as companies scrambled to tariffs, while consumers' spending on durable goods fell 3.4% as sentiment was under pressure.

The first quarter figures raised disturbing questions about the second one. The activity largely undermined what businesses paid for Trump’s share of tariffs, which he announced in early April. How these companies and their customers ultimately deal with these tariffs and the chaos around them will have a greater impact on growth.

Since the end of the first quarter, Trump has been increasing its 10% tariff on goods on most parts of the world and 145% tariffs on China. “There are a lot of new tariffs now, so any support for pre-engagement purchase spending will be relaxed soon.

“Consumer spending will also be hit by real incomes at confidence and higher prices, while strong uncertainty will freeze commercial investments, while exports (especially to China) will be affected.”

Now said the government insists that tariffs that will revitalize the U.S. economy will lay the foundation for a recession: two consecutive contractions. On Trump’s watch, the landscape quickly shifted from one day to another, not to mention throughout the quarter.

Trump is right, and that's right: Most of his tariffs should not be attributed to a staggering reversal of first-quarter growth. The United States only hiked in China and imposed a 10% tax on blankets on many other countries in the second quarter of last month.

The tariffs themselves did not lay the potential ace foundations in months of the year, but were enforced by his government.

From the chaos and shock caused by repeated responsibilities around Canada and Mexico to the announcement of the “countdown” tariffs ultimately imposed by dozens of countries, which ended up being imposed in less than a day, broad confusion and uncertainty are now integrated into the world’s largest economies. Businesses both internal and external are not happy.

Trump's Treasury Secretary Scott Bessent has coined an interesting term for the script that threatened, drama and social media publicity. "President Trump created what I call 'strategic uncertainty' in the negotiations," he said in a press conference on Tuesday. "As we start moving forward, announcing the deal, then it will be certain. But certainty is not necessarily a good thing in the negotiations."

But Trump and his officials found “strategic uncertainty” during trade talks, which would quickly fall for those who paid repeatedly to try to grow a business in one market, while leaders locked in a verbal war with the White House or planted what without knowing the economic reality of the harvest.

Trump returned to office after winning support from rural and low-income voters last November. If the Republican Party is to maintain power in Washington during his second term, he needs to maintain his base.

Polls show that these groups are concerned. A PBS News/NPR/Marist survey published this week found that 48% of rural voters disapprove of Trump's handling of the economy. The same goes for 57% of voters whose household income is less than $50,000.

As worries grow, the U.S. president tries to reduce risks. In one of the more bizarre moments of another weird week, he seems to play the threat of empty store shelves.

"Well, maybe the kids will have two dolls, not 30," Trump said at a cabinet meeting Wednesday. "Maybe the cost of these two dolls is much more than usual."

He continued: "China has "ships full of things, many - not all, but many - we don't need them".

It usually depends on the U.S. consumers, not the president decides what they do and what they don’t need to buy. For someone who builds wealth and image around significant consumption, these comments seem very low. "Barbie on Barbie" reads the front page of the often Trump-friendly New York Post. For Trump, this is still the early stage. However, Biden's "overhang" argument has been thinner. His judgment on the economic handling will depend on the U.S. voters, not their president.