Global economy: US GDP falls on larger trade hit; Canada, India sees growth spurt as tariff tensions linger

The US economy contracted slightly to start the year, largely reflecting a bigger tariff-related trade hit but also a larger downshift in household spending growth than first estimated. In contrast, an export surge helped drive the Canadian https://www.thehindubusinessline.com/news/world/global-economy-us-gdp-falls-on-larger-trade-hit-canada-india-sees-growth-spurt-as-tariff-tensions-linger/article69641365.ece