Written By WION Video Team
Published: May 01, 2025, 05:30 IST | Updated: May 01, 2025, 05:30 IST
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World Business Watch May 01, 2025, 05:30 IST
US GDP Contracts 0.3%, First Decline Since 2022
The US Economy contracted by 0.3 percent in the first quarter of 2025 — the first decline in three years. This comes as businesses rush to import goods ahead of sweeping new tariffs.
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