Widening Trade Gap Poised to Dent Q1 GDP Amid Import Surge and Tariff Pressures

The U.S. trade deficit narrowed modestly in February 2025 but remains historically wide, raising fresh concerns about the trajectory of first quarter GDP growth, according to the latest analysis from Wells Fargo Economics. Despite a slight pullback in imports, businesses continued to front-load goods and supplies ahead of a sweeping round of new tariffs, setting […]