US EditionUS, Global Economic Outlook Worsens in the Face of Trump's Tariffs, IMF Says
- The International Monetary Fund predicts global economic growth will slow to 2.8% in 2025, down from a previous estimate of 3.3%.
- U.S. Growth is revised down to 1.8% for this year, significantly lower than earlier forecasts of 2.7%, according to the IMF.
- The IMF warns that heightened uncertainty from tariffs has led to projections of weaker global growth and increased chances of a U.S. Recession.
- Global trade growth is now expected to be just 1.7%, half of what was previously forecast, due to escalating trade tensions.
408 Articles
408 Articles
The Impact of Trump’s Tariffs
This is an updated analysis reflecting tariffs imposed by the Trump administration as of April 18, 2025. It uses the same methodology as described in our earlier report. During his campaign, President-elect Donald Trump proposed significant tariffs on products imported from other countries. While targeted tariffs can have a useful role in trade policy, economists agree that tariffs, particularly broad-based tariffs, raise the prices paid by cons…
Trump’s Tariffs and Capital’s Constraints
When Donald Trump was forced to pause most of his tariffs, the country got a basic lesson in Marxist state theory: when states push policies that threaten profits, they trigger mechanisms that discipline them back into line with capitalist interests. President Donald Trump at the White House on April 15, 2025, in Washington, DC. (Win McNamee / Getty Images) On April 2, 2025, President Donald J. Trump declared a national emergency under provisio…
IMF slashes U.S. economic forecast, saying the trade war will ‘significantly slow global growth’
The International Monetary Fund is warning of slower global growth due to President Donald Trump’s tariff regime. “The global economic system under which most countries have operated for the last 80 years is being reset, IMF chief economist Pierre-Olivier Gourinchas wrote in a blog post Tuesday morning. And the reset isn’t good for the United States’ — or anyone else’s — economy. Gourinchas cites the U.S. tariffs, the highest in 100 years, as be…
Tariff On, Tariff Off. Is it a Game?
It’s been a tumultuous few weeks with trump’s gargantuan tariffs creating havoc in the U.S. and world economy. And possibly high profits for those on the inside of these erratic announcements. Here are some additional developments today. Tariff relief...
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