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IMF: Global Economy Is Weathering Trump’s Tariff Assault

SPAIN, JUL 29 – Spain's GDP grew 0.7% in Q2, driven by a 1.1% rise in exports despite US tariff tensions and a new US-EU tariff deal, surpassing Bank of Spain forecasts.

Summary by NZ Herald
The global economy has shrugged off United States President Donald Trump’s trade policy revolution and is growing faster than expected, the International...

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Washington, United States. The global economy will grow this year 3% instead of 2.8% predicted in April, good news in the middle of a tariff vortex, the International Monetary Fund predicts in updating its forecasts published on Tuesday. “Uncertainty has remained high” despite the pause in the highest tariffs provided by the United States for its trading partners, which will expire on August 1, says the International Monetary Fund. Washington ha…

The global economy will grow this year 3% instead of the 2.8% forecasted in April, good news in the midst of a tariff vortex, the International Monetary Fund predicts in the update of its forecasts published on Tuesday. “Uncertainty has remained high” despite the pause in the highest tariffs provided by the United States for its trading partners that will expire on August 1, says the International Monetary Fund. Washington has reached agreements…

·Costa Rica
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The agency lowers the global impact of tariffs following Donald Trump’s latest trade agreements

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The Local - Es broke the news in Spain on Tuesday, July 29, 2025.
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