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News@lemmy.worldEnglish · 20 days ago

U.S. economy shrank in early 2025 as tariffs sapped growth | GDP contracted at an annual rate of 0.3 percent, a new report shows, as imports surged with panic purchases ahead of tariffs.

www.washingtonpost.com

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U.S. economy shrank in early 2025 as tariffs sapped growth | GDP contracted at an annual rate of 0.3 percent, a new report shows, as imports surged with panic purchases ahead of tariffs.

www.washingtonpost.com

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News@lemmy.worldEnglish · 20 days ago

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20 days ago
Contracted at an ANNUAL rate of 0.3? In a four month period during which two were unaffected by Trump?

Once we see the twelve month effect it’s going to be catastrophic.

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