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US economy shrinks 0.3% as companies race to get ahead of Trump tariffs
This was driven by a drop in government spending and a surge in imports - which count against growth - as firms raced to get good into the country ahead of tariffs. Today's report is the most comprehensive reading of how the world's largest economy is holding up following the introduction of import taxes by President Donald Trump,
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.
President Donald Trump on Wednesday counseled patience, cast blame and claimed victory in the face of a first-quarter U.S.
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 contracted early this year as businesses imported a massive trove of goods before President Donald Trump’s ...
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 ...
U.S. economy shrinks in Q1, its first contraction since 2022, as Trump's tariffs rattle markets and businesses brace for ...
The U.S. and Ukraine have announced an economic deal after a weekslong press by President Donald Trump calling on Ukraine to ...
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 ...
7don MSN
The lawsuit said the policy put in place by President Trump has been subject to his "whims rather than the sound exercise of ...
California is now the fourth-largest global economy, with the state's governor using that to attack Trump's tariff policy. Where does Arizona stand?
From largest to smallest economy by nominal GDP, here’s how states and Washington, D.C. rank. Texas comes in big at No. 2.
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