US Economy Contracts 0.2% in Q1 Amid Trade Tensions
TL;DR Summary
The US economy contracted by 0.2% in Q1 2025, marking its first decline since 2022, primarily due to increased imports driven by tariff fears and a slowdown in consumer spending, amid ongoing trade tensions and policy uncertainties.
- US economy shrank at 0.2% rate in first quarter Financial Times
- Hit by Trump trade wars, U.S. economy falls 0.2% in first quarter, an upgrade from initial estimate AP News
- U.S. GDP Got an Update Thursday. This Is What to Know. Barron's
- US Economy Shrinks 0.2% on Weaker Spending, Larger Trade Impact Bloomberg.com
- (05/30/25) What’s Next for Stocks and Bitcoin After Tariff, GDP News? moneyshow.com
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