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It shrank because companies rushed in imports to beat

Posted on: April 30, 2025 at 17:48:19 CT
Spanky KU
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the tariffs.

https://www.cnbc.com/2025/04/30/gdp-q1-2025-.html

Gross domestic product fell at a 0.3% annualized pace, largely pushed by a surge in imports ahead of President Donald Trump’s tariffs.

Imports soared 41.3%, driven by a 50.9% increase in goods. Imports subtract from GDP, so the contraction in growth may not be viewed as negatively given the potential for the trend to reverse.

Edited by Spanky at 17:51:00 on 04/30/25
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So negative GDP...is that a good thing? - playhard KC - 4/30 17:42:52
     Why can't you wait until deals are struck and tariffs - Logan STL - 4/30 18:42:08
          I thought we wanted tariffs so we can bring back - Seagull MU - 4/30 18:43:33
               no, it's because of fentanyl or - Ferg MU - 4/30 19:04:00
               They are moving back. Once they're back and - Logan STL - 4/30 19:02:37
                    That's nonsensical. No wonder 4Tigs had to come in - Seagull MU - 4/30 20:45:20
                    But it hasn't totally resolved itself in 100 days - 4TigersinMichigan MU - 4/30 19:06:01
     Remember the marxists and the media used their power to - hokie VT - 4/30 18:12:05
          Two quarters (nm) - haeffb MU - 4/30 18:34:27
     Why spin it? (nm) - 90Tiger STL - 4/30 17:57:34
     Considering how dumb and incompetent Trump is only - FIJItiger MU - 4/30 17:56:10
          Why should we listen to the assessment of the dumb and - RayKinsella1922 SEC - 4/30 18:32:56
     It shrank because companies rushed in imports to beat - Spanky KU - 4/30 17:48:19
          why would companies do that? - Ferg MU - 4/30 17:52:37
               they are not. Inflation is cause by articial increases in - tman MU - 4/30 22:57:24
               Ooops (nm) - Seagull MU - 4/30 18:41:53
          Why would they do that? Aren’t tariffs good for Anerican - TigerMatt STL - 4/30 17:51:47
               They like the fruits of underpaid labor & lax environmental - Spanky KU - 4/30 17:53:23
                    how much should an unskilled worker be paid in Spanky's - Ferg MU - 4/30 17:56:55
                         Are Apple's workers unskilled? Nike's workers?(nm) - Spanky KU - 4/30 18:01:07
                              Apple doesn't have their own mfg facilities in China - Ferg MU - 4/30 18:08:08
                    So you’ve become a Marxist since you are parroting Marxist - TigerMatt STL - 4/30 17:54:39
                         a lot of people on here have turned into Marxists - Ferg MU - 4/30 17:58:59
                         fair pay is Marxism? - Spanky KU - 4/30 17:58:57
                              oh, now your throwing out the "fair" card - Ferg MU - 4/30 17:59:50
                                   Nothing wrong with fair - 4TigersinMichigan MU - 4/30 18:01:09
                                        An individual's compensation determined by market forces - Ferg MU - 4/30 18:05:03
                                             RE: An individual's compensation determined by market forces - Spanky KU - 4/30 18:09:40
                                                  that is not even remotely relevant to this discussion - Ferg MU - 4/30 18:14:48
                                                       Certainly, it’s relevant(nm) - Spanky KU - 4/30 19:46:10
     Trump is blaming Biden and crying for more time now.(nm) - TigerMatt STL - 4/30 17:43:54
          Says the Moran that couldn't read his on post on this topic(nm) - Spanky KU - 4/30 17:51:58
               You mean the one where I just posted a link then you lied ?(nm) - TigerMatt STL - 4/30 17:52:51
                    That's just his posting style (nm) - Seagull MU - 4/30 18:42:34
          Did he say that at his North Korean like cabinet meeting? - playhard KC - 4/30 17:50:00
          He has more time - 4TigersinMichigan MU - 4/30 17:46:13




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