GDP surged in the second quarter after sliding earlier this year
The U.S. economy experienced a significant rebound in the second quarter of the year, following a contraction in the first quarter. This growth was primarily driven by a notable shift in imports, which can be attributed to President Trump’s trade policies. According to the Commerce Department, the country’s GDP expanded at an annual rate of 3% during the April to June period. This growth exceeded the expectations of economists, who had forecasted a 2% increase for the same period.
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