US economy shrank 0.5% in first quarter, worse than earlier estimates revealed

  • Posted on June 26, 2025
  • By South China Morning Post
  • 2 Views
US economy shrank 0.5% in first quarter, worse than earlier estimates revealed

Growth weighed down by surge of imports as US companies and households rushed to buy foreign goods before Trump could impose tariffs on them.
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South China Morning Post

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