US GDP expected to show sharp decline, analysts warn of possible...

US GDP expected to show sharp decline, analysts warn of possible recession

Posted

First-quarter US GDP figures are anticipated to show a significant slowdown, potentially signaling a recession, influenced by a surge in imports ahead of President Trump's tariffs. These tariffs, including a 10% base rate and higher China-specific levies, have unsettled investors and triggered market volatility. Analysts have lowered growth forecasts, with some predicting a near standstill at 0.4% for the quarter.

Read Full Article

Please log in to like, share and comment!

International

'What was that bang?': Footage shows moment Titan submersible imploded

The US Coast Guard has confirmed that a 'car door slamming' sound captured in footage was the...

By 0 1

International

Thousands remain isolated as floods ease in eastern Australia

After days of torrential rain and widespread flooding, conditions in New South Wales are slowly...

By 0 1

International

Who is Princess Elisabeth? Belgian royal in spotlight amid Harvard foreign student controversy

Princess Elisabeth of Belgium faces uncertainty regarding her studies. Donald Trump's...

By 0 21

International

Why Pete Hegseth is locking down Pentagon press access? Here's what defence secretary said

Defense Secretary Pete Hegseth has implemented strict press restrictions at the Pentagon,...

By 0 21

Entertainment

Priyanka Chopra’s Italian escape

Priyanka Chopra’s latest Instagram post beautifully captures her summer trip to Taormina,...

By 0 21