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The U.S. economy grew by 3% in the second quarter of 2025, exceeding expectations despite President Trump's tariffs. While a decrease in imports contributed to the growth, consumer spending also played a significant role. The positive GDP figures, coupled with low unemployment and robust job growth, suggest the economy has withstood tariff-related concerns. However, consumer sentiment initially declined following the tariffs' implementation before recovering recently. The Federal Reserve is expected to maintain interest rates, reflecting the economy's current strength.

Prepared by Christopher Adams and reviewed by editorial team.