US economy shrank 0.5% in first quarter on import surge ahead of tariffs, a downgrade of earlier estimates

US economy shrank 0.5% in first quarter on import surge ahead of tariffs, a downgrade of earlier estimates.

The Associated Press
June 26, 2025 at 12:34PM

WASHINGTON — US economy shrank 0.5% in first quarter on import surge ahead of tariffs, a downgrade of earlier estimates.

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The Associated Press

The Associated Press

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