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Trump tariffs: US economy saw stark drop in GDP growth as businesses rushed to secure imports
The U.S. economy shrank by 0.5% in the first quarter of 2025, between January and March, as two earlier estimates were ...
A battery of new data shows how the US economy is holding up amid Trump’s tariffs
A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the ...
Trump says NATO allies agreed to increase defense spending to 5% of GDP
President Donald Trump confirmed that NATO allies had agreed to increase defense spending targets to 5% of their GDP by 2035, ...
US economy shrank for first time since 2022 — and Trump tariffs were a major reason why
The US economy shrank at a 0.5% annual pace from January through March as President Trump’s trade wars disrupted business, ...
Trump blames Powell, Fed board for high interest rates
President Donald Trump wrote a note to Federal Reserve Chair Jerome Powell, once again urging him to cut interest rates. The ...
White House pushes back on 'remarkably low' GDP forecasts for Trump-GOP tax bill
The White House disputes the CBO's $2.8 trillion deficit projection for Republican tax package, claiming the analysis ...
Italy finds $16 billion loophole to hit Trump’s 5% defense spending pledge: A bridge to Sicily
Italy’s got a plan to beef up its defense spending to 5% of GDP. And if you believe that, they’ve got a bridge in Sicily to sell you. Italy said it will meet President Trump’s new demands on NATO ...
NATO agrees to 5% GDP for defense after Trump reaffirms commitment
U.S. President Donald Trump confirmed his commitment Wednesday NATO's core mutual defense pact at under which an attack on ...
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Iowa GDP Shrinks 6.1 Percent in Q1; IDP Blames GOP Policies, Tariffs
The Iowa Democratic Party is pointing at a new Trump administration report that shows Iowa’s economy was one of the worst in ...
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Mixed Economic Signals Emerge As GDP Contracts While Business Orders Surge
US economy contracts 0.5% in Q1 2025 as consumer spending hits four-year low amid Trump policy uncertainty and rising ...