RawDiary

US economy shrinks 0.3% in Q1 as Trump tariffs bite… recession fears grow

The U.S. economy contracted by 0.3 percent in the first quarter of 2025 amid escalating trade tensions and tariff policies under the Trump administration. Import surges to beat incoming tariffs contributed to the slowdown, marking the first quarterly decline in three years and fueling recession concerns.

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Number 0.3% - U.S. GDP contraction rate in first quarter of 2025.

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