Two Blokes

GDP shrinks for first time in 3 years as Trump tariffs trigger record trade deficit

  • click to rate
    Posted by Two Blokes Apr 30 - Filed in General - #TwoBlokesTrading  - 2 views
    The U.S. economy contracted in the first quarter of 2025 for the first time in three years, reflecting a surge in imports ahead of President Trump's tariffs and a slowdown in consumer spending.