中美今年第一季度GDP增长情况说明，特朗普很难让美国伟大！

Economic Performance Comparison - In Q1 2025, the US GDP experienced a contraction of 0.5%, marking the first negative growth since 2022, while China's GDP grew by 5.4% [2][4] - The US saw a significant increase in imports, with a 41.3% rise, particularly in goods imports which surged by 50.9%, negatively impacting GDP calculations [2][7] - China's GDP growth was driven by strong domestic demand, with consumption contributing 73.7% and investment 23.0% to the growth [4][8] Trade Policies and Their Impact - Trump's trade policies, including a substantial increase in tariffs, have led to an expansion of the trade deficit with China, contrary to his claims of protecting American industries [5][11] - The average tariff rate in the US rose from 2.5% to 27% after Trump's policies were implemented, significantly affecting the cost structure for American businesses [7][11] - China's response to tariffs included diversifying trade partnerships and increasing domestic fiscal stimulus, which helped maintain economic stability [8][11] Long-term Economic Outlook - Economic forecasts suggest that Trump's tariffs could lead to a long-term reduction in US GDP by 6% and a decrease in wages by 5% [7][11] - The US manufacturing sector showed weak job growth, with only 12,000 new jobs added in Q1 2025, indicating challenges in the labor market [11][13] - In contrast, China's economic fundamentals remain strong, with a healthier debt structure and significant investments in technology and education, positioning it for sustained growth [8][11][13]