India, Aug. 28 -- The US economy rebounded this spring from a first-quarter downturn caused by fallout from President Donald Trump's trade wars.

In an upgrade from its first estimate, the US Commerce Department said that US GDP-the nation's output of goods and services-expanded at 3.3% in April-June after shrinking 0.5% in the first three months of 2025. The department had initially estimated second-quarter growth at 3%.

The first-quarter GDP drop, the first retreat of the US economy in three years, was mainly caused by a surge in imports-which are subtracted from GDP-as businesses scrambled to bring in foreign goods ahead of Trump's tariffs. That trend reversed as expected in the second quarter: imports fell at a 29.8% pace, boosting A...