World Bank Downgrades 2025 Global Growth Amid Rising Trade Conflicts
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World Bank Downgrades 2025 Global Growth Amid Rising Trade Conflicts
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The World Bank announced on Tuesday a reduction in its global economic growth projection for 2025, lowering it by 0.4 percentage points to 2.3%. This adjustment reflects escalating trade tensions and the impact of increased tariffs, which have heightened uncertainty in international markets.
Key factors influencing the forecast:
- Rising tariffs disrupting trade flows
- Heightened geopolitical and economic uncertainty
- Potential slowdown in global investment and consumption
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