US economy returns to growth in second quarter on tariff turbulence

Alex Graur

WASHINGTON: The US economy returned to growth in the second quarter, government data showed on Wednesday (Jul 30), but analysts flagged distortions from swings in trade flows over President Donald Trump's tariffs. The world's biggest economy expanded by an annual rate of 3.0 per cent in the April to June period, beating economists' expectations and reversing a 0.5 per cent decline in the first three months of the year, said the Department of Commerce. This swiftly prompted Trump to ramp up

Tag-uri: Donald Trump

US economy returns to growth in second quarter on tariff turbulence https://www.channelnewsasia.com/ - 30.07.2025 18:19
The US economy rebounded sharply in the second quarter https://edition.cnn.com - 30.07.2025 16:49

din zilele anterioare

US economy returns to growth in second quarter on tariff turbulence https://www.channelnewsasia.com/ - 30.07.2025 18:19
The US economy rebounded sharply in the second quarter https://edition.cnn.com - 30.07.2025 16:49