U.S. economy shrunk 0.3% in the first quarter as Trump policy uncertainty weighed on businesses
1. U.S. GDP fell 0.3% in Q1 2025, indicating economic contraction. 2. A surge in imports signaled preemptive actions against new tariffs. 3. Consumer spending growth slowed to 1.8%, the lowest since Q2 2023. 4. Private domestic investment, however, surged 21.9%, showing resilience. 5. Markets reacted negatively, with futures slipping post-report.