The US economy contracted by 0.2% annually in the first quarter of 2025, marking its first decline in three years. The drop was largely due to increased imports ahead of President Trump’s tariff impositions, which disrupted business activities. BulletsIn Q1 GDP shrank by 0.2%, reversing the 2.4% growth seen in Q4 of 2024. Imports surged
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The US economy contracted by 0.2% annually in the first quarter of 2025, marking its first decline in three years. The drop was largely due to increased imports ahead of President Trump’s tariff impositions, which disrupted business activities. BulletsIn Q1 GDP shrank by 0.2%, reversing the 2.4% growth seen in Q4 of 2024. Imports surged
