US EditionGlobal economic growth could slow to 2.3% due to trade tensions, says UN trade agency
- Global economic growth is projected to slow to 2.3% due to rising trade tensions and uncertainties, according to the United Nations Conference on Trade and Development .
- Donald Trump's tariff policies are causing uncertainty that will negatively affect global economic stability, reports the World Bank president Ajay Banga.
- The slowdown will impact all nations, with the U.S. economy expected to grow by only 1% in 2025, says UNCTAD.
- Many developing countries are particularly vulnerable to economic slowdowns, with UNCTAD expressing concern for their capacity to cope with rising trade tensions and reduced hiring opportunities.
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60 Articles
April 17, 2025: Economy Highlights * WorldNetDaily * by WND Staff
April 17, 2025: 11:00 p.m.:April 17, 2025: Economy Highlights The Atlanta Fed’s GDPNow model maintained its forecast of a -2.2% contraction in Q1 2025, signaling a potential economic downturn amid escalating trade tensions. U.S. stock markets closed mixed; the Dow dropped 1.3% due to UnitedHealth’s 22.4% plunge, while the S&P 500 edged up 0.1% and the Nasdaq slipped 0.1%, reflecting investor unease over corporate earnings and economic indicato…
Africa: Global Growth On Recessionary Path Amid Trade Tensions and Uncertainty
The world economy is on a recessionary trajectory as global growth is expected to slow to 2.3 per cent this year due to escalating trade tensions and uncertainty, the UN trade and development body, UNCTAD, said in a new report published on Wednesday.
Daily Journal
Global uncertainty will 'certainly' hit growth: World Bank president
The uncertainty kicked up by Donald Trump's stop-start tariff rollout will undoubtedly hit growth, the president of the World Bank said Wednesday, ahead of next week's semi-annual meeting of global financial leaders in Washington.
Global growth on recessionary path amid trade tensions and uncertainty
The world economy is on a recessionary trajectory as global growth is expected to slow to 2.3 per cent this year due to escalating trade tensions and uncertainty, the UN trade and development body, UNCTAD, said in a new report published on Wednesday.
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