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Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...
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 ...
Gross domestic product decreased at a 0.3 per cent annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said.
The U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as ...
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
The US economy unexpectedly contracted by 0.3% in the first quarter of 2025, falling short of expectations. This downturn is ...
The U.S. economy contracted 0.3% in Q1 2025, driven by a surge in imports ahead of tariffs and slowing consumer spending, ...
The nation’s gross domestic product, the value of all goods and services produced in the U.S., shrank at a seasonally adjusted annual rate of 0.3% in the January-to-March period, the Commerce ...
Trump has signed executive orders to relax some of his 25% tariffs on automobiles and auto parts, as the import taxes ...