GDP Revised Down to Negative 0.5% for 1st Quarter The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump's trade wars disrupted business, the Commerce Department reported Thursday in an unexpected downgrade from its previous estimate. Original Source: https://www.newsmax.com/finance/economy/economy-tariffs-trump/2025/06/26/id/1216552