President Donald Trump’s war in Iran has caused an economic mini-disaster, according to new data.
The U.S. economy took a hit in the second quarter, slowing to an annualized growth rate of 1.5 percent as Trump’s conflict hammered energy markets, fractured supply chains, and drove up everyday costs.
The sluggish output marks a noticeable drop from the 2.1 percent rate of growth recorded in the first three months of the year, according to initial estimates released by the Bureau of Economic Analysis.
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