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edhopper

(36,415 posts)
Wed Jul 30, 2025, 06:41 PM Yesterday

GDP growth was due to a drop in imports

not any signs of a strong economy.

https://www.npr.org/2025/07/30/nx-s1-5484219/economy-gdp-tariffs-growth

Both measures were somewhat distorted by big swings in international trade as businesses and consumers first braced for, then reacted to, President Trump's worldwide tariffs. Imports surged early in the year, as businesses tried to stockpile foreign goods before the tariffs took effect. That had the effect of depressing GDP in January, February and March, because imports are subtracted from the government's measure of economic activity.


TSF's tariffs are taking a toll. Our economy is weak and slowing.
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GDP growth was due to a drop in imports (Original Post) edhopper Yesterday OP
The tariff gaming in Q1 was basically cancelled by the gameplaying in Q2. The average is slow growth of 1.25 pc. Bernardo de La Paz Yesterday #1

Bernardo de La Paz

(57,321 posts)
1. The tariff gaming in Q1 was basically cancelled by the gameplaying in Q2. The average is slow growth of 1.25 pc.
Wed Jul 30, 2025, 06:55 PM
Yesterday
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