Business

Business

US first-quarter GDP: Economy shrank 0.5% amid trade policy uncertainty

Apollo chief economist Torsten Slok elaborates on risks facing the U.S. economy on ‘Barron’s Roundtable.’ The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments before higher levies took effect. The Commerce Department’s Bureau of Economic Analysis (BEA) released its third estimate for first quarter …

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