US EditionUS, Global Economic Outlook Worsens in the Face of Trump's Tariffs, IMF Says
- The International Monetary Fund reported significantly worsened outlooks for the U.S. And global economies on Tuesday.
- President Trump's tariffs and resulting uncertainty contribute to this downturn, following steep U.S. And China trade duties.
- China expects reduced demand as U.S. Export purchases fall, while the U.S. Economy may suffer a supply shock.
- The IMF forecasts global growth at 2.8% this year and U.S. Growth at 1.8%.
- This worsened outlook increases estimated odds of a U.S. Recession and prompts preparing multiple growth scenarios.
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471 Articles
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The impact of tariff uncertainty on the global economic outlook
Pierre-Olivier Gourinchas, Chief Economist and Director of the IMF’s Research Department, explains how U.S. tariff policies and response measures from other countries are impacting the global economy. The IMF has revised its global growth forecast for
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