U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt business
- Posted on April 30, 2025
- By Star Tribune
- 4 Views
U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt business
The U.S. economy shrank at a 0.3% annual pace 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.
