President Donald Trump was unfazed by a decline in the economy, blaming it initially on former President Joe Biden and then stating American kids can make do with "two dolls instead of 30 dolls."

President Donald Trump on Wednesday acknowledged that his tariffs could result in fewer and costlier products in the United States, saying American kids might "have two dolls instead of 30 dolls," but he insisted China will suffer more from his trade war.

As part of his events marking 100 days in office, President Donald Trump convened his Cabinet officials on Wednesday for a meeting at the White House.Trump also sat down exclusively with ABC News on Tuesday for the first broadcast interview marking this milestone of his second term.

President Donald Trump tacitly acknowledged his administration’s tariff strategy has has unnerved consumers and businesses, and he is asking them for patience in the process. Follow for live updates.

US President Donald Trump has shared his thoughts on the economy after GDP figures were announced this morning, which indicates the US economy shrank 0.3% in first three months of this year. On Truth Social, Trump claims: "this is Biden’s Stock Market, not Trump’s".

President Donald Trump narrowly avoided a rebuke from the U.S. Senate on his tariffs due to one Democratic senator's absence. The resolution, defeated with a 49-49 tie on April 30, reflects discontent with Trump's 10% across-the-board tariffs and now-paused "retaliatory" tariffs that rattled Wall Street and contributed to a shrinking GDP as four Republicans joined with all present Democrats in supporting it.

It’s been 100 days since President Donald Trump returned to the White House. Trump celebrated that big number with a rally in Michigan on Tuesday night. There’s another number that won’t bring him cheer,

President Donald Trump arrived in Michigan on Tuesday to kick off a pair of events commemorating his first 100 days in office, aiming to reassure Americans about the country's direction as many have balked at his handling of the economy.

Watch live coverage as President Trump marks the first 100 days of his second term at a rally in Michigan. This is the president's first time in the battleground state since his win in November.