Economy News: U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses

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Economic News Reports

Details: Written by Bing News Search Results; Category: Economic News Reports; Published: 01 May 2025; Created: 01 May 2025; Last Updated: 01 May 2025

The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump imposed massive tariffs.
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Posted: 2025-04-30 10:33:00

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