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The Latest: US economy shrinks 0.3% in first quarter as Trump trade wars disrupt business
The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign ...
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US GDP Shrinks 0.3% In Early 2025, First Drop Since Q1 2022
The US economy shrank during President Donald Trump's first three months back in office, breaking a three-year growth streak as imports surged ahead of his trade wars. Real gross domestic ...
Business Matters13d
US economy contracts for first time since 2022 as Trump tariffs unsettle markets
US GDP shrank 0.3% in Q1 2025, driven by a surge in imports ahead of Trump’s tariffs. Analysts warn of recession risks as ...
Fremont Tribune6d
US economy shrinks 0.3% in first quarter as Trump trade wars disrupt business
The U.S. economy shrank at a 0.3% annual pace from ... First-quarter growth was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before Trump ...
US applications for jobless benefits hold firm as layoffs remain low despite tariff uncertainty
WASHINGTON (AP) — U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over ...
US Producer Prices Fell Unexpectedly in April as Margins Shrank
Prices paid to US producers unexpectedly declined in April by the most in five years, largely reflecting a slump in margins, ...