Axios Visuals The dollar has fallen nearly 10% in President Trump's first 100 days, the steepest drop for a new administration this century. Why it matters: The start of the second Trump administration has upended America's economic standing in the world.

The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump imposed massive tariffs.