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The economy contracted 0.3% in the 1st quarter as imports surged ahead of Trump's tariffs. But underlying data showed sturdy ...
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
Gross domestic product decreased at a 0.3 per cent annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said.
Barra, Jacobson say self-help initiatives, including more US production and shifting expenses, will offset 30% of tariff cost ...
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The Manila Times on MSNUS economy shrinks unexpectedly in Q1The US economy unexpectedly contracted in the first three months of the year on an import surge triggered by Donald Trump's tariff plans, although the president pinned the blame squarely on his ...
The U.S. economy contracted 0.3% in Q1 2025, driven by a surge in imports ahead of tariffs and slowing consumer spending, ...
Wall Street sinks as US economy shrinks 0.3% in Q1; tech, energy stocks plunge. Weak jobs data and tariff worries spark ...
Eli Lilly CEO Dave Ricks took a stand against Trump's tariffs in a Q1 earnings call. The medicine company has strong operations for obesity and weight loss drugs in Ireland.
The US economy has unexpectedly contracted in the first three months of the year on an import surge triggered by Donald Trump ...
The US economy shrank 0.3% in Q1 2025, driven by tariff-fueled import surges and policy uncertainty, despite solid business ...
The latest GDP report shows the economy shrank during the first quarter — for the first time since the pandemic shutdown. And ...
As reported by NotebookCheck, evidence from IDC (which tracks hardware sales) suggests that desktop and laptop sales in North ...
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