RawDiary

Edition from 2025-04-30, 2 PM UTC

US Economy Shrinks 0.3% Amid Trump Tariff Fallout

The U.S. economy contracted 0.3% in the first quarter of 2025, marking the first decline in three years, as President Trump's trade tariffs disrupted business, triggered import surges, and raised fears of a trade war impacting growth and inflation.

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Number 0.3% - U.S. economy contraction rate in Q1 2025, worst in three years.

Quote "You're not being very nice" — President Donald Trump to ABC reporter Terry Moran

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S&P 6,279 ↑ 0.83% • Dow 44,829 ↑ 0.77% • Nasdaq 20,601 ↑ 1.02% • Gold 3,343 ↑ 0.00% • BTC 109,694 ↑ 0.77%

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