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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.
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96 Articles

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Left
10
Center
36
Right
8
CambridgeToday.caCambridgeToday.ca
+5 Reposted by 5 other sources
Lean Left

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?

·Cambridge, Canada
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Evening StandardEvening Standard
+2 Reposted by 2 other sources
Center

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.

·London, United Kingdom
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  • 67% of the sources are Center
67% Center
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Modern Diplomacy broke the news in on Thursday, May 15, 2025.
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