The American economy takes a step back. Economic activity in the United States fell in the first three months of the year, covering the beginning of Donald Trump’s second term, whose customs policy has aroused a shock wave in the world and within his country.
In the annualized rhythm, a measure favored by the United States, the Gross Domestic Product (GDP) is reduced to 0.3% in the first quarter due to an import jumper, according to the data published on Wednesday by the Ministry of Commerce. This represents a 0.1% decrease compared to the previous quarter.
This result is significantly lower than the expectations of most analysts who, however, anticipated a serious brake (+0.4%) for the first world economy.
The negative growth of GDP is very rare in the United States. It only happened three times in the last decade: twice in 2020 during the Cavid pandemic and in the first quarter of 2022, when the Fed decreed its first increase in interest rates to Stem inflation.
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Source: BFM TV
