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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 ...
White House trade advisor Peter Navarro told CNBC's Jim Cramer in an interview Wednesday morning that an "import surge" ahead ...
The US economy unexpectedly contracted in the first three months of the year on an import surge triggered by Donald Trump's tariff plans, although the president pinned the blame squarely on his ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
President Donald Trump said on Wednesday that Q1 GDP rose 3% in Q1, when excluding imports, contending that he has turned the ...
US GDP data was weaker than expected for last quarter. The US economy experienced a sharp slowdown, as expected, and growth ...
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 in the first quarter, weighed down by a deluge of goods imported by businesses eager to avoid ...
US GDP growth is expected to slow sharply in the first quarter from 2.4% growth in the fourth quarter, reflecting a surge in imports ahead of new tariffs. Analysts expect the economy to grow more ...
Stocks were falling on Wednesday morning after data showed the world’s largest economy shrank at the start of 2025 as imports surged ahead of President Donald Trump's tariffs and as consumers pulled ...