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How Trump's administration spun the GDP data on a shrinking U.S. economy
President Trump and his administration navigated some alarming points in the nation's latest gross domestic product report by blaming the previous administration and explaining how trade preparations ahead of tariffs may have impacted the data.
'BE PATIENT!!!': Trump downplays tariff turmoil despite U.S. economy shrinking in Q1
U.S. GDP declined 0.3% in the first quarter of 2025, raising fears of a recession. This is the first time the U.S. economy has not grown since the Covid-19 pandemic. This comes amid turmoil over President Trump's tariffs.
Net trade delivered a record blow to the U.S. economy in the first quarter, as U.S. companies ramped up imports to get ahead ...
Imports surged as firms and consumers scrambled to bring goods into the country before the worst of Mr Trump’s tariffs took ...
Buying momentum continued in Asia and European stock markets today, and S&P futures were priced up this morning.
Plus, a viral question has many on social media debating whether 100 men could win in a fight against a gorilla.
The economy contracted 0.3% in the 1st quarter as imports surged ahead of Trump's tariffs. But underlying data showed sturdy ...
Follow here for live coverage and analysis of the latest economic data. Two major reports are due today: GDP and PCE ...
By Pesha Magid, Hadeel Al Sayegh and Manya Saini RIYADH/DUBAI (Reuters) - Saudi Arabia’s economy grew in the first quarter, ...
Tariff front-running opened up a huge gap between imports and exports in the first quarter. That lopped 4.8 percentage points ...
The sweeping tariffs, which have roiled global supply chains and international relations, have left an impression across ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
Today's Forbes Daily newsletter covers Etsy's tariff push, wealthiest in each US state, Tesla denies CEO search, Microsoft's ...
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