US economy expands 3% in Q2, but rebound masks weaknesses
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US economy expands 3% in Q2, but rebound masks weaknesses
Agencies The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a first-quarter drop that reflected disruptions from President Donald Trump’s trade wars. The rebound grossly overstated the economy’s health as subsiding imports accou»»»
US economy returns to growth in second quarter on tariff turbulence
WASHINGTON: The US economy returned to growth in the second quarter, government data showed Wednesday, 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 percent in the April to June period»»»
US economy returns to growth in second quarter on tariff turbulence
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 t»»»
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