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business / economy7 months ago

https://apnews.com/article/economy-trump-gdp-tariffs-inflation-trade-28a0da24c803c4796eb32704cd0244cchttps://www.nbcnews.com/business/economy/gdp-q1-us-economy-contracts-rcna203608https://www.thetimes.com/business-money/companies/article/us-economy-went-into-reverse-in-run-up-to-trumps-tariff-shock-6tmlhnl79
Apnews.com and 8 more
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 Open in Apnews.com
Highlights
  • U.S. GDP shrank 0.3% in Q1 2025 due to import surges and trade tensions, the first decline since 2022.
  • Consumer spending rose 1.8%, but tariffs and import changes may slow growth later in 2025.
  • Inflation hit 3.5% in early 2025, while wages slowed, hinting at a softening job market and economic challenges.
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References

U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses

https://apnews.com/article/economy-trump-gdp-tariffs-inflation-trade-28a0da24c803c4796eb32704cd0244ccApnews.com
U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses

U.S. GDP declines 0.3% as imports surged ahead of Trump's tariffs

https://www.nbcnews.com/business/economy/gdp-q1-us-economy-contracts-rcna203608Nbcnews.com
U.S. GDP declines 0.3% as imports surged ahead of Trump's tariffs

US economy shrinks for first time since 2022

https://www.thetimes.com/business-money/companies/article/us-economy-went-into-reverse-in-run-up-to-trumps-tariff-shock-6tmlhnl79Thetimes.com
US economy shrinks for first time since 2022

US economy unexpectedly shrank in first three months of 2025 on import rush ahead of Trump tariffs

https://nypost.com/2025/04/30/business/us-economy-shrank-in-first-three-months-of-2025-as-trump-tariffs-hit-businesses/Nypost.com
US economy unexpectedly shrank in first three months of 2025 on import rush ahead of Trump tariffs

US economy shrinks as firms import more ahead of tariffs

https://www.bbc.com/news/articles/cpwz9kl12l1oBbc.com
US economy shrinks as firms import more ahead of tariffs

US economy contracts at 0.3% rate in Q1, first GDP pullback in 3 years

https://finance.yahoo.com/news/us-economy-contracts-at-03-rate-in-q1-first-gdp-pullback-in-3-years-123544859.htmlFinance.yahoo.com

U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt business

https://www.wmbfnews.com/2025/04/30/us-economy-shrinks-03-first-quarter-trump-trade-wars-disrupt-business/Wmbfnews.com
U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt business

Analyzing GDP and Employment Index

https://www.mhlnews.com/global-supply-chain/news/55286876/analyzing-gdp-and-employment-indexMhlnews.com

Related Topics

businesstensionseconomytensiontradeunited states of americainflationimporttrade tensionstrade tensionstatessurgeunitedstateimport surges

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