The US economy narrowed by 0.2% in the first quarter

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The US economy narrows 9.2 percent per annum in the first quarter of 2025, compared to 0.2 percent annually, since 2022, according to official statistics.

Falling GDP In the last quarter of 2024, compared to 2.4 percent expansion, and President Donald Trump has increased its shareholder’s shareholder because they are hurried to buy goods before giving tariffs.

Reading from the Bureau of Economic Analysis Thursday 0.3 per cent was reflected in the initial data released last month. However, the change was not enough to put the world’s largest economy in the positive area for the period.

The first quarter statistics were not replaced by an increase in the purchases of the inventory by inventory investment or consumers – the statistics of the increase in import – inventory investment or consumer.

The balance between imports and exports is an important factor in the calculation of GDP measuring domestic consumption, investment and government expenses. The BEA calculates the GDP based on a large number of reports, so the figures are not always aligned.

Trump’s commercial war is expected to be dragged in the second half of the year in the US economy. In April, the IMF increased the growth of GDP this year in January 1.8 percent.

The US court has managed Trump’s “Freedom Day” tariffs this week It was illegalIn a decision that may neutralize the President’s global trade policy.

This is a developing story