Donald Trump’s tariff wars deal a blow! US economy shrinks...

Dununu.com Dununu

Sponsorluk

Donald Trump’s tariff wars deal a blow! US economy shrinks 0.5%; worse than estimates

RSS Feed International

Posted

53

The US economy contracted by 0.5% in the first quarter of 2025, primarily due to a surge in imports spurred by President Trump's trade war. This import surge, up 37.9%, significantly dragged down GDP, marking the first quarterly decline in three years. Despite the downturn, economists anticipate a rebound in the second quarter, projecting a 3% growth.

Read Full Article

Please log in to like, share and comment!

Energy Minister Khadka meets Chinese NEA Administrator Hongzhi

KATHMANDU: Minister for Energy, Water Resources and Irrigation, Dipak Khadka, held a meeting...

By 0 4

CM Yogi inaugurates Youth Adda for promotion of entrepreneurship; launches CM Yuva app

By 0 4

NBFC IPOs in focus: Non-bank lenders to rush initial public offerings; could raise above Rs 30,000 crore

Non-bank financial institutions are poised to accelerate their IPO plans, driven by favorable...

By 0 11

From stop clock to boundary catches: ICC makes multiple big changes

The ICC has introduced significant changes to cricket playing conditions across all formats,...

By 0 15

When will KMC’s budget drop?

KATHMANDU: As local governments across Nepal begin rolling out their budgets for the new fiscal...

By 0 16