US Edition
War and Tariffs Are a Double Shock to the World Economy
- The outbreak of a new war in West Asia and tariffs are increasing the chances of a global recession, according to Stephen S. Roach.
- Global GDP growth is projected to slow to 2.8% in 2025, indicating economic trouble according to the International Monetary Fund.
- US President Donald Trump’s tariffs suggest risks to global growth and might lead to a higher tariff rate for China.
- The ongoing conflict, including recent strikes against Iran, has raised oil prices and introduced uncertainty into the global economy.
12 Articles
12 Articles
Instabilities is the word of order regarding the war in the Middle East. Specialists heard in our journal talk about the economic consequences for the world and Portugal and although there seems to be a relief, tomorrow's day is always uncertain. The Middle East content: Economic effects may worsen appear first in Journal i.
The Manila Times
War and tariffs are a double shock to the world economy
NEW HAVEN, Connecticut — The outbreak of a new war in the Middle East, together with a destructive tariff war, makes for a lethal combination in a sluggish world economy. Notwithstanding the possibility of a tentative ceasefire, the odds of imminent global recession have increased sharply.
Project Syndicate
aheadoftheherd.comWar and Tariffs Are a Double Shock to the World Economy
The twin shocks of the Israeli-US attack on Iran and Donald Trump’s tariff war come as global GDP growth continues to slow precipitously. Given that it doesn’t take much to tip an economy nearing its “stall speed” into outright recession, these crises and their combined effects are setting the stage for a worldwide downturn.
At The Money: Navigating War, Tariffs and Geopolitics - The Big Picture
At The Money: Navigating War, Tariffs and Geopolitics (june 25, 2025) The U.S. has just bombed Iran’s nuclear sites. This follows weeks of Israeli drone and aircraft bombing raids. This comes after months of noisy Tariff announcements and geopolitical wrangling. What are investors supposed to do when war breaks out? (Full transcript coming tomorrow). ~~~ About this week’s guest: Sam Ro is a veteran financial journalist and CFA known for his clea…
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