The US economy grew 3% in the second quarter as a tariff-related import surge that shrank output early in 2025 reversed, artificially juicing growth

The U.S. economy expanded at a 3% annual pace in the second quarter, bouncing back strongly from a contraction in the first three months of the year.

A sharp drop in imports triggered by President Donald Trump tariff policy helped boost US economic growth between April and June, according to the latest figures. The world's largest economy expanded at an annual pace of 3% after shrinking in the first three months of the year,

The dollar is wrapping up its best month of 2025 as the world’s largest economy powers ahead and President Donald Trump inks trade deals.

The U.S. economy expanded more than expected as President Donald Trump’s tariffs took hold over recent months, federal government data on Wednesday showed. U.S. gross domestic product, or GDP, increased at a 3% annualized rate over three months ending in June.

The nation has dodged the worst-case scenarios predicted by Wall Street economists just months ago, an easy bragging point for the administration. But the administration is claiming ownership of the U.