The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business, the government said Thursday in a sl

The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business, the government said Thursday in a sl

The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business, the government said Thursday in a slight upgrade of its initial estimate.

OTTAWA—Canada’s economy picked up the pace of growth in the first three months of the year as businesses braced for the disruption of a bruising trade war with the U.S., though domestic activity weakened and hints at what lies in store in the new tariff era.

Canada's economy grew faster than expected in the first quarter, data showed on Friday, primarily driven by exports as companies in the United States rushed to stockpile Canadian goods before President Donald Trump's tariffs were implemented.

The economy contracted at an 0.2% annual rate in the first quarter of 2025, a slightly better revision to the preliminary gross domestic product numbers. The latest data, reported by the Bureau of Economic Analysis on Thursday morning,