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U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses


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FILE – Shipping containers are seen ready for transport at the Guangzhou Port in the Nansha district in southern China’s Guangdong province, April 17, 2025. (AP Photo/Ng Han Guan, File)

The January-March expansion in gross domestic product — the nation’s output of goods and services — was down from 2.4% in the last three months of 2024.


Originally published at Associated Press
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