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US economy contracts at 0.3% rate as Trump tariffs prompt import surge
The US economy contracted by an annualised 0.3 per cent over the first quarter, as companies in the world’s largest economy responded to Donald Trump’s trade war by stockpiling imports. The slide in GDP for the period was worse than economists’ most recent forecasts and compared with the 2.
Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown ...
Donald Trump spent his first 100 days back in the Oval Office driving an economy that the world envied to the brink of crisis ...
The U.S. economy shrank at a 0.3% annual pace from January through March, first drop in three years. It was slowed by a surge ...
As President Donald Trump marks his first 100 days in office, he highlighted economic growth and falling inflation, even as ...
The global economic landscape continues to be dominated by the United States, China, and India, with the US maintaining its ...
Gross domestic product, which measures all the goods and services produced in the economy, registered at an annualized rate ...
California’s $4.1 trillion economy remains the largest among U.S. states — and the fourth-largest economy in the world, behind only the overall United States, China and Germany, according to ...
6don MSN
The lawsuit said the policy put in place by President Trump has been subject to his "whims rather than the sound exercise of ...
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