• U.S. ECONOMY: First Quarter Losses

  • May 1 2025
  • Duración: 17 m
  • Podcast

U.S. ECONOMY: First Quarter Losses

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  • Resumen

  • The U.S. economy unexpectedly contracted by 0.3% in the first quarter of 2025. The slowdown has raised concerns about a potential recession later in the year. President Donald Trump says these first quarter numbers are leftover from President Joe Biden's administration. The Trump administration's tariffs, announced in April, are expected to impact economic growth further.

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