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Trump, economy and tariffs

ABC News on MSN · 6h

US economy grew more than expected as Trump's tariffs took hold

In theory, sturdy economic growth eases pressure on the Fed to lower interest rates, since consumers and businesses appear undeterred by high borrowing costs. If growth begins to slow, the Fed could seek to lower interest rates as a means of boosting economic performance.

NBC New York · 6h

U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump's tariffs hit

Gross domestic product was expected to grow at a 2.3% annualized pace in the second quarter, according to the consensus estimate.

Trump gets unexpected economic boost amid tariff turmoil

While Trump has effectively wielded tariffs as a cudgel to reset the terms of trade, the economic impact is uncertain as most economists expect a slowdown in U.S. growth and greater inflationary pressures as some of the costs of the taxes are passed along to domestic businesses and consumers.

US economy, Second Quarter

U.S. News & World Report · 5h

US Economy Rebounds a Surprisingly Strong 3% in the Second Quarter

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 arising from President Donald

The Financial Times · 3h

US economy grew at 3% rate in second quarter

The US economy rebounded to an annualised rate of 3 per cent in the second quarter amid huge swings in imports, but there were some signs of slowing underlying growth. Second-quarter GDP was driven higher by a drop in imports as Donald Trump’s levies came into effect and a rush by companies to purchase foreign goods in the first three months of the year sharply reversed.

The US economy rebounded sharply in the second quarter

The US economy expanded sharply in the second quarter as businesses dialed back on imports after stocking up earlier in the year to get ahead of President Donald Trump’s tariffs.

Axios on MSN3h

Trump owns the U.S. economy's performance now, Lutnick says

The Trump-era economy has "officially arrived," Commerce Secretary Howard Lutnick said Wednesday. Why it matters: The ...

44mon MSN

Trump takes victory lap after surprising economic news: ‘Prove the experts wrong’

President Donald Trump is claiming victory after a key economic metric shattered expectations Wednesday. Second quarter GDP ...

3hon MSN

New GDP data leads Trump to change his mind about blaming Biden for the economy

Remember when Trump said Biden should get the blame if the economy struggled in the second quarter? As luck would have it, he's reversed course.

32mon MSN

Federal Reserve holds key interest rate steady as it monitors Trump's tariff policy

The Federal Reserve said Wednesday it was leaving its interest rate unchanged, a widely expected move that comes despite ...

Agence France-Presse on MSN42m

Trump's new tariff to impact Indian economy, could reshape bilateral ties

US President Donald Trump's decision to slap harsh tariffs on Indian exports and a "penalty" on purchases of Russian weapons ...

Donald Trump’s tariff powers face a high-stakes legal test

Companies, consumers and foreign countries have been paying close attention to President Donald Trump’s aggressive policy of ...

1d

Trump gets tariffs; Americans get price hikes

Price hikes are in the mid-single digits across categories, a spokesperson for the company said. Consumer goods, food and ...

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