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US GDP shrinks by -0.3% in Q1 2025, driven by import surges and trade policies. Click for a close look at the data, including ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
White House trade advisor Peter Navarro told CNBC's Jim Cramer in an interview Wednesday morning that an "import surge" ahead of expected tariffs coming into effect skewed the GDP growth number for ...
US GDP data was weaker than expected for last quarter. The US economy experienced a sharp slowdown, as expected, and growth ...
President Donald Trump said on Wednesday that Q1 GDP rose 3% in Q1, when excluding imports, contending that he has turned the ...
Economists say the tariffs could weaken economic growth and stoke inflation, at least in the short term. Many forecasters ...
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
The U.S. economy contracted 0.3% in Q1 2025, driven by a surge in imports ahead of tariffs and slowing consumer spending, ...
The survey was, however, concluded before data on Tuesday showed the goods trade deficit surged to an all-time high in March ...
U.S. stocks are sinking following a discouraging report suggesting the U.S. economy may have shrunk at the start of the year, ...
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