Reuters World News U.S. economy shrinks, deported Cuban mother and Europe's mystery blackout
Apr 30, 2025
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Trade Tariffs Hurt Economy
- The U.S. economy likely contracted in Q1 due to tariff-related imports and inventory shifts.
- Uncertainty from trade policies is stymying business and consumer investment decisions.
Uncertainty Shrinks Economic Outlook
- Companies are withdrawing economic guidance due to uncertainty around the economy.
- Trump's trade war impacts are starting to show globally with China's factory contraction in April.
Mystery Blackout Sparks Energy Debate
- Europe's massive blackout is unresolved, sparking blame between nations and energy sources debate.
- Europe’s reliance on renewables vs nuclear fuels is questioned amid concerns over grid investments and stability.