RawDiary

US Economy Contracts 0.3% in Q1 as Tariffs Bite... Recession Fears Rise

The US economy shrank 0.3% in the first quarter of 2025 amid rising tariffs and trade tensions under President Trump's administration, marking the first contraction in three years and stoking recession concerns as consumer spending softens and imports surge.

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Number 0.3% - US economic contraction rate in Q1 2025 marking first drop in three years

Quote "This is Biden’s Stock Market, not Trump’s" — President Donald Trump