U.S. economy contracts 0.3% in Q1 amid business fallout from Trump trade wars

0

The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business. First-quarter growth was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before Trump imposed massive tariffs.

(Visited 1 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *