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US economy contracts at 0.3% rate as Trump tariffs prompt import surge
The US economy contracted by an annualised 0.3 per cent over the first quarter, as companies in the world’s largest economy responded to Donald Trump’s trade war by stockpiling imports. The slide in GDP for the period was worse than economists’ most recent forecasts and compared with the 2.
Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown ...
Donald Trump spent his first 100 days back in the Oval Office driving an economy that the world envied to the brink of crisis ...
Voters returned Donald Trump to the White House in November believing he would be better for the economy than his opponent, ...
The president’s taxes on imports seems likely to mean emptier shelves and higher prices, perhaps within weeks.
As President Donald Trump marks his first 100 days in office, he highlighted economic growth and falling inflation, even as ...
From largest to smallest economy by nominal GDP, here’s how states and Washington, D.C. rank. Texas comes in big at No. 2.
Gross domestic product, which measures all the goods and services produced in the economy, registered at an annualized rate ...
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As President Donald Trump’s trade war locks the world’s two largest economies on a collision course, America’s unnerved ...
California’s $4.1 trillion economy remains the largest among U.S. states — and the fourth-largest economy in the world, behind only the overall United States, China and Germany, according to ...
The United States wants the Central and Eastern Europe joined their "energy freedom" strategy rather than following the ...
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