U.S. GDP Shrinks; Wages and Output Slide Under Tariff Strain
U.S. GDP Shrinks; Wages and Output Slide Under Tariff Strain 🏛️ Introduction: Tariffs Take a Bite Out of Growth The U.S. economy is entering a period of acute stress as fresh data confirms a technical recession, with GDP contracting for the second consecutive quarter. The broad-based tariff regime—impacting over $1.2 trillion in imports—has disrupted supply … Read more