The rebound of U.S. GDP in the second quarter is questionable! Economists: Trade policy disturbances lead to data distortion.

According to the Zhitong Finance APP, although the preliminary value of the second quarter GDP to be announced by the U.S. Department of Commerce may show an economic rebound, trade policy disturbances and structural weakness are currently overshadowing true growth momentum. According to a survey of economists, after experiencing a 0.5% quarter-on-quarter contraction in the first quarter, the annualized GDP growth rate for the period of April to June may reach 2.4%, but some institutions have already revised their expectations to 3.3% after the latest trade and inventory data adjustments. However, behind this optimistic figure is technical support from a narrowing trade deficit to a nearly two-year low and a slight increase in inventory, rather than a substantial improvement in domestic demand.