The federal Bureau of Economy Analysis says its preliminary assessment shows that the U.S. economy, the Gross Domestic Product, expanded at an annual rate of 3% during the second quarter, giving President Donald Trump “more leeway to pursue his agenda,” according to one report.
The confirmation also reduced concern that there could be a coming recession, especially after the nation reported a $27 billion trade advantage during the month of June, coincidentally, the same amount that Trump’s tariffs produced in income.
JUST OUT: Q2 GDP shatters expectations, with the economy growing at 3%.
CRUSHING it! pic.twitter.com/hXGHriWhcD
— The White House (@WhiteHouse) July 30, 2025
Since taking office, Trump has used tariffs, and the threat of higher tariffs, to generate a long list of trade agreements with other countries, the latest being the days-old agreement with the European Union for those members to pay a 15% tariff to America, as well as purchase more products and invest $600 billion.
Trump’s goal is to make trade more fair for American corporations and consumers, who long have been subsidizing other nations’ revenues.
Analysts had suggested that the growth would be only 2.3%.
The economy had contracted during the first quarter, when Joe Biden left office and Trump’s agenda took over.
The surge was pushed by that turnaround in the trade imbalance and upward movement in consumer confidence.
“WAY BETTER THAN EXPECTED,” Trump praised on social media.
He also has been pushing for the Federal Reserve to lower interest rates, a move that is expected to give the economy another boost.
“MUST NOW LOWER THE RATE. No Inflation! Let people buy, and refinance, their homes!” the president said.
It was the Washington Examiner that said the economy’s performance “allays fears about a possible recession” and also “gives President Donald Trump more leeway to pursue his agenda.”
During the first quarter, the GDP fell 0.5%.
Breaking: The U.S. economy returned to growth last quarter, with GDP increasing at a 3% annualized rate, largely due to trade swings https://t.co/uoElXBBB6u
— The Wall Street Journal (@WSJ) July 30, 2025
The “tsunami wave of imports receded in the second quarter lifting economic growth spectacularly and keeping the U.S. well away from the threat of recession,” FWDBONDS chief economist Chris Rupkey said in the report.
An area still needing to improve, however, he said, includes housing construction.,
The report also noted the economy again beat expectations in June and added 147,000 jobs, and the Bureau of Labor Statistics said unemployment was down to 4.2%. It had exploded past the 9% mark during Biden’s tenure.
“BETTER THAN EXPECTED”: The economy grew at a 3.0% rate in Q2 — shattering economists’ expectations once again. pic.twitter.com/MLlSTTbGiQ
— Rapid Response 47 (@RapidResponse47) July 30, 2025
