The increase supported the economy in the first quarter, but that boost may dissipate after the US threw global trade into chaos. The Trump administration put tariffs of higher than 100% on many Chinese exports, provoking a retaliation by Beijing.

The increase supported the economy in the first quarter, but that boost may dissipate after the US threw global trade into chaos. The Trump administration put tariffs of higher than 100% on many Chinese exports, provoking a retaliation by Beijing.