Despite a 3% GDP growth headline, underlying data in Q2 2025 reveals a fragile US economy distorted by tariff-related trade swings, slowing domestic demand, and waning investment momentum.
The U.S. economy shrank in Q1 2025 amid Trump’s tariffs, sparking inflation, reduced spending, and uncertainty. Here’s what it means for businesses and households.
Trump’s April 2 tariffs sparked global concern. Economists fear trade wars, recession risks, and a repeat of Smoot-Hawley’s historic economic fallout.