US EditionUS, Global Economic Outlook Worsens in the Face of Trump's Tariffs, IMF Says
- The International Monetary Fund forecasts global economic growth will drop to 2.8% this year, down from an earlier estimate of 3.3%.
- U.S. Economic growth is now forecasted at 1.8%, a decline from the previous prediction of 2.7%, according to the IMF.
- China's growth forecast has been reduced to 4% for this year, reflecting decreased demand due to tariffs, as stated by the IMF.
- The IMF warns that tariffs are affecting all countries, with significant impacts anticipated on trade and economic stability globally.
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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