May 12, 2025

US economy shrinks for first time since 2022 as Trump tariffs rattle markets

May 01, 2025
1Min Read
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US economy shrinks for first time since 2022 as Trump tariffs rattle markets

US GDP contracts 0.3% in Q1, the first decline since 2022, as businesses rush to import goods ahead of Trump’s tariffs. Analysts warn of growing recession risks. Read more: US economy shrinks for first time since 2022 as Trump tariffs rattle markets

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