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U.S. GDP Contracts in Q1 Amid Tariff-Driven Trade Surge

May 1, 20252 Mins read233
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The U.S. economy experienced a slight contraction in the first quarter of 2025, as trade policy shifts created an outsized drag on GDP, according to a new report from Wells Fargo Economics. The 0.3 percent annualized decline in Q1 GDP marks a notable shift from recent quarters, but economists caution that it does not signal […]

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