"A Huge Transition Time": Tariffs Test The U.S. Economy

On Wednesday, the President reacted to news that U.S. economic growth slowed in the first quarter of this year, according to the Commerce Department. The data shows the U.S. economy contracted over the course of a few months, with Q1 gross domestic product (GDP) shrinking by 0.3 percent. FOX Business’ The Big Money Show co-anchor Taylor Riggs says while this quarter of economic decline is a negative consequence of the President’s tariff plans, it is not all bad news for America's economy. Riggs joins the Rundown to explain what falling GDP means, the emphasis on patience with the Trump economic agenda, and the trade deals to come. New York State Governor Kathy Hochul (D-NY) is expected to sign legislation banning cell phone use from "bell-to-bell" starting next school year. New York will join eight states implementing such restrictions on phone use in the classroom. Florida State Representative Demi Busatta (R-Coral Gables) joins to explain how the banning of phones in schools could bring about developmental and educational benefits for students and why she is advocating for tighter phone-use restrictions in the Sunshine State. Plus, commentary from host of FOX Across America and FOX News Saturday Night, Jimmy Failla. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices