US Economy Shrinks 0.2% in Q1 Amid Trade Tensions
TL;DR
The US economy contracted in the first quarter due to trade impacts and reduced household spending, while Canada benefited from export surges, and India experienced stronger-than-expected growth. Europe faces challenges with business pessimism in China and slowing inflation, and Asia's traditional export model is under threat as US trade policies shift. Japan lost its status as the world's largest creditor nation, and emerging markets show mixed economic signals.
- Charting the Global Economy: US GDP Falls on Larger Trade Hit Bloomberg
- Hit by Trump trade wars, U.S. economy falls 0.2% in first quarter, an upgrade from initial estimate AP News
- US economy shrank at 0.2% rate in first quarter Financial Times
- U.S. GDP Got an Update Thursday. This Is What to Know. Barron's
- (05/30/25) What’s Next for Stocks and Bitcoin After Tariff, GDP News? moneyshow.com
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