WASHINGTON (AP) – The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business, the government said Thursday in a slight upgrade of its initial estimate.

First-quarter growth was brought down by a surge in imports as companies in the United States hurried to bring in foreign goods before the president imposed massive import taxes. PBN Branded Content

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The January-March drop in gross domestic product – the nation’s output of goods and services – reversed a 2.4% gai

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