US EditionCiting trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%
- The World Bank sharply downgraded its 2025 global growth forecast to 2.3%, citing trade uncertainty and disrupted markets on June 3, 2025.
- The downgrade from 2.7% follows U.S. President Donald Trump's April tariffs and ongoing trade negotiations with China and Europe amid rising barriers.
- The report noted that these tariffs raise costs, invite retaliation, and have slowed growth in major economies including the U.S., China, and the eurozone.
- The lead economist at the World Bank has highlighted that the global economy is encountering renewed instability and cautioned that without prompt action, the negative impact on living standards could be severe.
- The outlook suggests growth could improve by 0.2 percentage points if major economies resolve disputes with lasting agreements halving current tariffs.
277 Articles
277 Articles
World Bank warns the global economy is barreling toward its weakest decade in 50 years
A new report by the World Bank claims global economic growth could slow to its weakest level since the 1960s. The report pointed to an environment of trade obstacles and tariff policy uncertainty as the underlying reason for sluggish growth as President Donald Trump continues to threaten tariffs against America’s biggest trading partners. A new era of global tariffs spurred by President Donald Trump could make the 2020s the slowest decade of wor…
Graphic Truth: 2025 global growth projections
The World Bank projects global economic growth will slow to 2.3% in 2025, down from the 2.7% clip forecast in January, as a result of trade wars launched largely by the US. While the global economy will avoid recession, the report also warns that economic growth is on track for its weakest decade since the 1960s. Here’s a look at three key figures from the report.
America First Report
Uncanceled NewsWorld Bank Slashes Growth Forecast on Trump’s Tariffs
(The Center Square)–Due to U.S. trade policies, another global financial institution forecasted slower economic growth on Tuesday. The World Bank cut its annual economic growth forecast, saying President Donald Trump’s tariffs posed a “significant headwind” for nearly all economies. The bank slashed its forecast for 2025 by 0.4 percentage point to 2.3%. “The sharp increase in tariffs and the ensuing uncertainty are contributing to a broad-based…
In view of US President Trump's customs policy, the World Bank has lowered its economic forecasts.
Coverage Details
Bias Distribution
- 48% of the sources are Center
To view factuality data please Upgrade to Premium
