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U.S. Economy Shrinks 0.3% in First Quarter as Trump Trade Wars Disrupt Businesses
The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump imposed massive tariffs.
American consumers are not yet seeing much evidence of the drastic changes President Trump has made on trade. But they are on ...
Amid the daily tumult of President Donald Trump’s second term, the political struggles over his economic agenda and his ...
If the report shows stable conditions, it would bolster Fed officials' confidence in their wait-and-see approach.
America’s GDP contracted by 0.3% in annualised terms in the first quarter of 2025. Imports surged as businesses rushed to ...
"Dr. Doom" Nouriel Roubini expects the US economy to see robust growth in the coming years as America's tech leadership ...
McDonald’s store traffic fell further than expected in the first quarter as economic uncertainty weighed on diners.
As the Commerce Department reported Wednesday that the U.S. economy had contracted during the first three months of the year, ...
South Korea's parliament approved a supplementary government budget on Thursday of 13.8 trillion won ($9.7 billion) to ...
Ending the use of charcoal would have economic consequences. The trade is informal and decentralised; gas flows through big ...
If you try to solve a macro problem through tariffs, it's not going to work,” said Adam Posen, president of the Peterson ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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