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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 ...
Japan's economy probably contracted for the first time in a year in the first quarter, weighed down by softer domestic demand ...
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 ...
GDP contracted at an annual rate of 0.3 percent, a new report shows, as imports surged with panic purchases ahead of tariffs.
The US economy faced a contraction in the first quarter. Businesses imported goods to avoid higher costs. This offset ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
2.6% in the prior quarter. The drop in real GDP in Q1 reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decline in government spending. Those were partly ...
Reuters on MSN2d
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 ...
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