US EditionUS, Global Economic Outlook Worsens in the Face of Trump's Tariffs, IMF Says
- The International Monetary Fund has lowered its global growth forecast for 2025 to 2.8 percent, citing US President Donald Trump's tariffs as a major factor.
- The IMF predicts the US economy will grow only 1.8 percent in 2025, a significant downgrade attributed to trade tensions and policy uncertainty.
- Projected growth for China has also decreased to 4 percent in 2025, impacted by new tariffs from the US.
- IMF Chief Economist Pierre-Olivier Gourinchas stated that increasing trade tensions will slow global growth and marked a shift in the economic landscape.
458 Articles
458 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…
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