• US economy contracts first time in three years by 0.3% in Q1; Trump's tariffs unleash flood of imports

    Source: Buzz FX / 01 May 2025 03:41:27   America/New_York


    Economy- 2 min read
    US economy contracts first time in three years by 0.3% in Q1; Trump's tariffs unleash flood of imports
    The US economy faced a contraction in the first quarter. Businesses imported goods to avoid higher costs.
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