Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

edhopper

(36,556 posts)
Wed Jul 30, 2025, 06:41 PM Jul 30

GDP growth was due to a drop in imports [View all]

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.
1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»General Discussion»GDP growth was due to a d...