UN forecasts slower global economic growth following Trump’s tariffs and trade tensions
- The United Nations forecast slower global economic growth for 2025 and 2026, citing impacts from U.S. Tariffs and trade tensions.
- This slowdown reflects increased tariffs announced by President Trump in February and escalating geopolitical and supply chain challenges.
- The UN report highlights threats like rising production costs, financial turbulence, weaker investment, and disruptions affecting major economies including the U.S., China, and India.
- Global growth is forecast at 2.4% in 2025, down 0.4 percentage points from January estimates, with the poorest countries now expected to grow 4.1%, down from 4.6%.
- The forecast implies billions in lost output for disadvantaged countries and signals continued economic uncertainty, while bilateral talks might lower but not remove tariffs.
96 Articles
96 Articles
Assessing the Impact of Increased Tariffs on the Global Economy
In all the trade war noise, it is easy to miss just how much global trade conditions have deteriorated in the last few months. If, one year ago, someone would have told investors and businesses that the best-case scenario would be for average US tariffs to quadruple (from 2.5 per cent to over 10 per cent), they would have been considered a “doomsayer”. Adding that markets would cheer on the news, would have probably added disbelief. Yet here we …

Is this the solution to countering Trump’s tariffs?
This week on our 'Inside the Village' podcast: Politicians of all stripes want to bulldoze interprovincial trade barriers in the face of Trump's tariffs. What does that mean — and will it make a difference?
Tariffs are affecting port traffic
WASHINGTON (NEXSTAR) - About a third of everything the U.S. imports or exports in container ships comes through California, according to the Port of Los Angeles but less cargo, especially from China, is coming in recently because of tariffs. "Far fewer ships reaching LA ports," Sen. Adam Schiff (D-Calif.) said. "Long Beach, Port Hueneme are telling me they've got one-third of the traffic they used to have." California Democratic Senator Adam Sch…

FTSE 100 recovers to pre-trade tariff announcement levels
Markets have slowly clawed back the losses seen since Donald Trump announced sweeping tariffs at the start of April.
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