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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 goods before President Donald Trump imposed massive tariffs.
Trump praises tariffs as US economy shrinks for first time since 2022
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. Earlier, Trump held a Cabinet meeting with his leadership team, where he praised tariffs and businesses which he says are investing domestically
US economy shrinks in first quarter as tariffs unleash flood of imports
Saudi Aramco said on Wednesday it had signed 34 preliminary deals with major U.S. companies, potentially worth up to $90 billion in a push to deepen commercial ties with the United States on the back of President Donald Trump's visit to the kingdom.
Ashley Hinson said Republican President Donald Trump is ushering in an economic “golden age” despite a new report that showed a decline in GDP.
The US economy unexpectedly shrank in the first three months of 2025 as President Trump’s tariffs sent companies rushing to import goods from overseas, according to data released on Wednesday.
Amid tariff announcements and economic uncertainty, real GDP unexpectedly fell at an annualized rate of 0.3% in the year's ...
Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...
The US economy shrank at a 0.3 percent annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business. First-quarter growth was ...
2don MSN
WASHINGTON (AP) — U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over ...
Prices paid to US producers unexpectedly declined in April by the most in five years, largely reflecting a slump in margins, ...
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