People shop at a store in Elkridge, Md., on July 11, 2025. Madalina Kilroy/The Epoch Times
The U.S. economy and the stock market have regained momentum following the uncertainty that prevailed in the aftermath of President Donald Trump’s global tariff plans.
After a 0.5 percent contraction in the first quarter, driven by a surge in imports and a drop in government spending, the U.S. economy is expected to rebound in the second quarter. The Atlanta Federal Reserve’s GDPNow Model estimates a 2.4 percent growth rate for the April—June period.
