• US economy contracts as Trump tariffs prompt import surge

    Source: Buzz FX / 30 Apr 2025 06:01:26   America/Los_Angeles


    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 economi
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