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US economy shrinks 0.3% as companies race to get ahead of Trump tariffs
US President Donald Trump has shared his first reaction to the GDP figures which were announced this morning, which indicates the US economy shrank 0.3% in first three months of this year. On Truth Social, Trump claims: "this is Biden’s Stock Market, not Trump’s".
The gross domestic product reading fell short of the 0.4% growth that economists surveyed by The Wall Street Journal expected ...
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
3hon MSN
Gross domestic product fell 0.3% in the first quarter of 2025, the weakest economic performance the U.S. has recorded since ...
The U.S. economy contracted in the first quarter, but it takes more than one bad quarter of GDP for a recession to officially ...
'Fast Money' traders react to the U.S. GDP showing signs of contraction and what it means for the markets. Donald Trump Hit ...
Trump inherited an economy that was firing on most, but not all, cylinders,” said Ryan Sweet at Oxford Economics.
President Donald Trump has gotten worrisome news about how the U.S. economy is battening down for potential fallout from his ...
Follow here for live coverage and analysis of the latest economic data. Two major reports are due today: GDP and PCE ...
Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown ...
The latest GDP report shows the economy shrank during the first quarter — for the first time since the pandemic shutdown. And ...
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