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US Second Quarter GDP Growth To Reflect Tariff Turbulence

Second Quarter
International Business Times Fews App News Provider
Fews App Post Time 2d ago

Analysts expect US second quarter GDP growth to be distorted by a pullback in imports after businesses earlier rushed to stockpile and avoid President Donald Trump's tariffs AFP US economic growth is expected to rebound in the second quarter, analysts said, in a momentary comeback reflecting trade shifts as companies tried to avoid the harshest of President Donald Trump's wide-ranging tariffs. The world's biggest economy is anticipated to expand at an annual rate of 2. 5 percent in the April to June period, according to a consensus forecast by Briefing.

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