US economy shrank 0.5% in the first quarter of 2025 amid tariff uncertainty

foxbusiness.com/economy/us-economy-gdp-q1-2025-final

The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments before higher levies took effect.
The Commerce Department's Bureau of Economic Analysis (BEA) released its third estimate for first quarter gross domestic product (GDP), which found the U.S.…

This story appeared on foxbusiness.com, 2025-06-26 12:31:51.
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