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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 ...
White House trade advisor Peter Navarro told CNBC's Jim Cramer in an interview Wednesday morning that an "import surge" ahead ...
The U.S. economy contracted in the first quarter, weighed down by a deluge of goods imported by businesses eager to avoid ...
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
US GDP data was weaker than expected for last quarter. The US economy experienced a sharp slowdown, as expected, and growth ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
The US economy faced a contraction in the first quarter. Businesses imported goods to avoid higher costs. This offset ...
Reuters on MSN1d
US economy contracts in Q1; tariffs unleash flood of importsThe U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as ...
The U.S. economy contracted 0.3% in Q1 2025, driven by a surge in imports ahead of tariffs and slowing consumer spending, ...
Gross domestic product decreased at a 0.3 per cent annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said.
The US economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses ...
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